Quote:
Originally Posted by wakespeak
That's how it works. You don't own the car until its paid off. Until then the bank has title to it. Go to a car dealer and have them do the paper work that will move the title from your bank to your buyer's bank. They often will do it for a "registration fee" even if it is not their sale.
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I hold the title. There is no lien holder. The only transfer that needs to happen is from me to Bank of America and from his check into my account.
Matt