Buying a car with lien still on it. Honda Pilot (Car Selling Honda Pilot Traffic Laws State Vehicle Laws)

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Question Details Asked:Oct 05, 2008 - 08:46 PMStatus:Closed

ssknight2	Buying a car with lien still on it. Honda Pilot Location: Illinois State How do I handle this sale: 2007 Honda Pilot lien is with AHFC. I have the money in the bank to buy the car but title is still with Honda financing co. Seller needs my money to get title. I can not register car without title or can I ? How do I handle thi? Seller will not give up car without payment, I do not want to give up payment without car. How do we handle this transaction and also protect both parties?
	In Buying & Selling > Car Selling In Makes & Models > Honda > Pilot In News & Events > Traffic Laws > State Vehicle Laws 1 answer - 1318 days ago
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karjunkie 10/06/08 7:11 am PST

Very simple process. Seller arranges with the lienholder for you to pay them (AHFC) and they release the lien and pass clean title to you. Lien holder pays the seller the difference. Never EVER pay the seller of a car with a lien on it as you will never get the title and good luck finding the seller once he has the money!. This all has to be done with all 3 parties involved. If you have any doubts, call AFHC and they will guide you through the process. Good luck!

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