Still making payments? No problem. We pay off your loan directly and give you the equity. Get out of your car loan today.
Millions of Americans have auto loans — and many need to sell their car before the loan is paid off. Maybe you're facing financial hardship, your situation changed, or you simply want out of the payment. Whatever the reason, you can absolutely sell a car with an outstanding loan.
The key is understanding your payoff amount vs. your car's value:
Car value: $18,000
Loan payoff: $14,000
You get: $4,000 cash
We pay off your $14,000 loan and give you the $4,000 difference.
Car value: $15,000
Loan payoff: $15,000
You get: $0 (loan cleared)
We pay off your loan exactly. You walk away debt-free.
Car value: $12,000
Loan payoff: $15,000
You owe: $3,000
You're "upside down." Options available — keep reading.
Call your lender and ask for your "10-day payoff amount." This is the exact amount needed to pay off your loan, including any interest through the payoff date. You can usually find this online or on your lender's app.
Tell us your car details and payoff amount. We'll give you a cash offer based on your car's current market value in Dallas-Fort Worth. You'll know exactly how much equity you have (or don't have).
Accept our offer and we handle everything. We send payment directly to your lender, get the title released, and pay you any remaining equity — often the same day.
Being "upside down" or having "negative equity" is more common than you think — especially if you:
We'll be honest with you about your situation and help you find the best path forward.
We've paid off loans from virtually every auto lender in the country:
Different lenders have different payoff processes. Some release titles electronically in days; others mail paper titles that take 2-3 weeks. We know how each one works and handle all the follow-up.
You don't need permission to sell, but you do need to pay off the loan to transfer the title. Most lenders don't care how the payoff happens — as long as they get their money. We handle all communication with your lender.
We can usually pay off your lender and complete the sale within 1-3 business days. Some electronic lien releases happen within 24 hours. You get your equity payment as soon as we verify the loan is satisfied.
Technically you're selling your lease buyout option. We can work with lease buyouts from most manufacturers — contact us with your lease details and we'll let you know your options.
You can still sell even if you're behind on payments. In fact, selling before repossession protects your credit and often gets you more money than the repo auction would. Time is critical in this situation — call us immediately.
No — paying off a loan in full typically helps your credit. The account shows as "paid in full" and reduces your debt-to-income ratio. Much better than late payments, default, or repossession.
Get your free cash offer now. We'll tell you exactly how much equity you have and walk you through the payoff process.