I plan on buying a used car and when I checked the VIN on carfax, it said that the owner might still have a loan out on the car. How can I confirm that the loan has been paid off before I buy the car? Thanks for the help.
The owner will tell you about that.Because if he have the proofs for it then i suggest you to buy the car from him otherwise ask him to pay the remaining loans or cut that amount from the price...
When you are going to buy a used car.you should ask about loan and lease that it has from the owner.If there is any you can pay that after changing the ownership then you can reduce that amount from the amount of the car that you gonna deal with him.
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