urielms716
Learner's Permit
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Location: brampton
Posts: 3
 
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« on: October 15, 2009, 09:14:51 pm » |
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I have a car for sale and i have a lot of buyers but there is lean on the car and evrybody back out,is there anything i can do here? Mariusz
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articsteve
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« Reply #1 on: October 15, 2009, 09:25:15 pm » |
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year and model of car ?
amount of current lien? |
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“Frankly, we are not going to ever defeat the insurgency,” Billions for jets and pennies for vets; Harponi is MAGNIFICENT.
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Turbo Bob
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« Reply #2 on: October 15, 2009, 09:36:49 pm » |
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Which way does it lean? That might determine the value. |
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Power is how fast you hit the wall... Torque is how far you take the wall with you!  |
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mmret
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« Reply #3 on: October 15, 2009, 09:56:39 pm » |
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Perhaps we should redo the alignment while you're in the car. |
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Have: 06 TSX, 07 Z4 3.0si Roadster
Sometimes Borrow: 11 GLK
Had: 01 GrandAm, 07 Civic
Dream: SLS AMG
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BJB
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« Reply #4 on: October 15, 2009, 10:18:50 pm » |
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May want to try having the lien removed.  |
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EV Dan
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« Reply #5 on: October 15, 2009, 11:15:29 pm » |
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Is there a body in the trunk causing it? If so maybe an easy fix |
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You don\'t find Chuck Norris, he finds you.
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dr_spock
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« Reply #6 on: October 15, 2009, 11:18:49 pm » |
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You have to get the people who have the lien on the car to remove the lien. Usually that involves paying off the amount of money owed to the lien holder.
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vdk
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« Reply #7 on: October 16, 2009, 02:58:20 am » |
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Or drop the price... by the amount of the lien or slightly more. |
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initial_D
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« Reply #8 on: October 16, 2009, 12:15:48 pm » |
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Bad shocks?
Ask the potential buyer to write cheques, one to the 'lean' party with the leaning amount, one to the seller with the leftovers. |
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safristi
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« Reply #9 on: October 16, 2009, 12:20:11 pm » |
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..Call Toronto Dominion.................. |
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THERE IS NO CURE FOR "LOTUS"......ONLY TREATMENT.....
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urielms716
Learner's Permit
Offline
Location: brampton
Posts: 3
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« Reply #10 on: October 16, 2009, 02:34:31 pm » |
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subaru outback 2003 awd,lien is $8100 |
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vdk
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« Reply #11 on: October 16, 2009, 04:17:57 pm » |
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subaru outback 2003 awd,lien is $8100
How much is the car worth $10k? As someone said before you either payoff that lien, or ask the buyer to write 2 cheques one to you, one to the bank that holds the lien on your car. |
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« Last Edit: October 16, 2009, 04:19:41 pm by vdk »
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johngenx
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« Reply #12 on: October 16, 2009, 05:14:49 pm » |
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Lean on a car?  |
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No place I'd rather be...  |
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jamie1
Auto Obsessed
OfflineVehicle: 2009 Acura TSX, 2001 Toyota RAV4 AWD 5sp.
Gender: 
Location: Edmonton,Ab.
Posts: 735
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« Reply #13 on: October 16, 2009, 08:37:51 pm » |
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Ideally,you should the buyer have a cheque made out to you AND the lien holder. That gives the buyer a peace of mind. I would never give somebody two cheques. Whos to say the seller would just throw the lien cheque out. |
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Enjoying the Alberta advantage
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y2chuck
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« Reply #14 on: October 16, 2009, 09:28:28 pm » |
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This is what happened when I sold privately. The buyer brought a CERTIFIED cheque payable to the bank that held the loan to pay off the lien. The bank said even though the cheque was certified they still said it needed a few days to clear which seems beyond retarded to me.
He ended up paying off the lien with his credit card, the bank gave us proof that the loan was paid and closed off and then we went to the licensing office to transfer the plates. |
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Current Cars: 2012 Mazda5 GS, 2011 Ford Fiesta SE Hackback
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ucda
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« Reply #15 on: October 19, 2009, 04:42:30 pm » |
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Is this the same chap who wanted to know how to return a brand new car after driving it for 4 months ... I'm not saying I'm just saying. |
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rzramon
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Gender:
Location: USA
Posts: 12
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« Reply #16 on: October 22, 2009, 02:35:33 am » |
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Owning a lein Cars tends to be complex issue but it depends on how much amount is left to pay. Selling a lien car always result in loss for the the seller and complex for the buyers. So try to make some financial adjustments with financer,which can prove beneficial to all of you.
Can you tell the lien details of the car.
Regards
Razor |
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rzramon
Learner's Permit
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Location: USA
Posts: 12
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« Reply #17 on: October 22, 2009, 02:46:46 am » |
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I have a car for sale and i have a lot of buyers but there is lean on the car and evrybody back out,is there anything i can do here? Mariusz
Hi friend, Can you explain me the pole. Why those 2 options are given. I find it nothing related to your question. Regards, Razor |
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Poll
