Possible to trade a vehicle for another vehicle that has a loan on it?

Answers:1   |   LastUpdateAt:2012-10-22 16:14:03  

Question
gena
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Hi I'm looking at possibly trading my car for another car both of our cars are worth about the same price only problem is that is that it 's still a loan and I have nothing owed ​​on mine I have my degree in hand MedlinePlus MedlinePlus Now , I do not know how something like this would work , it is possible that trade and I get the title of the car to other people and somehow the loan is transferred and my car is what you have to pay ? MedlinePlus MedlinePlus Live in PA if that makes any difference
Answer1BrielleAnswered at 2012-10-22 16:12:08
No. You can not trade or sell a vehicle with a " lien " on it . The lien must be resolved first.
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