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How do I pay off my car to sell it?

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Old 05-12-2005 | 08:07 AM
  #11  
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I heard, if you're the buyer, you should make the checks out to the seller's name though, not the bank because the bank is not a person. The seller could rip the buyer off the by saying that the check was make out to bank of america, not me. I didn't sell the car to anyone, etc. Basically, if you make it out to seller, you have the carbon copy with his name on it you have proof if there are any problems. Somehow a check made out from you to Bank of America is not as secure and leaves a lot open to interpretation.
Old 05-12-2005 | 08:12 AM
  #12  
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From: Over the Electric Grapevine.....man
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Whats up Brother! I thought that was your car on Ebay. Whoever is buying your car should right the check to you. You then pay the car off through Honda. They send you the title they have and then you sign off on the one you have already as well as the one Honda will send you. Give it to the new owner and your free and clear!

Glad you got a seller for it finally. I saw it on Ebay and said I know those headlights

See you around!
Old 05-12-2005 | 09:26 AM
  #13  
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watch out for forged cashier's checks - call the issuing instituition to verify the account and funds availability.
Old 05-12-2005 | 12:43 PM
  #14  
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Originally Posted by berzerQer,May 12 2005, 07:35 AM
Have the buyer send a check to Honda and have Honda send the title to him.
This is the way to do it (and the method Honda Finance Corp recommends).
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