Post by Sell My Car Pro

Selling a car in WA that still has finance owing? It is more common than most people realise, but it is also where a private sale can get messy. The car may still have a security interest registered against it on the PPSR. The buyer’s bank wants the loan cleared before settlement. The lender needs the correct payout figure. The payment has to be sequenced properly so the loan is paid, the surplus goes to you and the buyer gets clean title. Miss one step and the sale can stall. Our latest guide explains how to handle a finance payout when selling a car in WA, including: - How to get a payout figure from your lender - How the buyer, lender and seller payment flow works - What happens if you are in negative equity - Why the PPSR matters before settlement - What WA paperwork needs to be lodged after the sale - The common finance payout mistakes that delay private sales At Sell My Car Pro, we coordinate finance payouts every week. If your car still has a loan attached, we can deal directly with the lender, pay out the finance, send the surplus to you and handle the WA Department of Transport paperwork. No awkward buyer conversations. No guessing the payout process. No settlement falling over because the finance side was missed. Read the full guide here: https://lnkd.in/g_DDQnWK #CarFinance #SellMyCar #PerthCars #UsedCars #PPSR #CarSales #Perth #WesternAustralia