plenzmd1 Posted May 11, 2009 Share Posted May 11, 2009 So, my 96 Explore is dying, but she owes me nothing at almost 225,000 miles on her. Anyway, close to buying another explorer from a private owner, but just cannot locate anywhere on the net what to do if the current owner still has a lien on the car. My fear is that I will write a check to this guy, he will sign the title..I will get to DMV and they will say ...Sorry, Ford Credit will not release the lien as they have not been paid off yet. I have looked at the VA DMV site, also a overall site called dmv.org, and cannot find the answer.They all talk about having current owner sign the title, but nothing about how making sure current lien is paid off. I know this must be something simple, and I feel like a complete dolt , but I am kinda used to that. Thx in advance for the help. Link to comment Share on other sites More sharing options...
stuckincincy Posted May 11, 2009 Share Posted May 11, 2009 So, my 96 Explore is dying, but she owes me nothing at almost 225,000 miles on her. Anyway, close to buying another explorer from a private owner, but just cannot locate anywhere on the net what to do if the current owner still has a lien on the car. My fear is that I will write a check to this guy, he will sign the title..I will get to DMV and they will say ...Sorry, Ford Credit will not release the lien as they have not been paid off yet. I have looked at the VA DMV site, also a overall site called dmv.org, and cannot find the answer.They all talk about having current owner sign the title, but nothing about how making sure current lien is paid off. I know this must be something simple, and I feel like a complete dolt , but I am kinda used to that. Thx in advance for the help. If you got 225K out of your '96, I suggest you go to a Ford dealership, and buy a new one. Prices are good. Link to comment Share on other sites More sharing options...
Jim in Anchorage Posted May 11, 2009 Share Posted May 11, 2009 Look at the tiitle. liens are there. Link to comment Share on other sites More sharing options...
plenzmd1 Posted May 11, 2009 Author Share Posted May 11, 2009 If you got 225K out of your '96, I suggest you go to a Ford dealership, and buy a new one. Prices are good. Prices even bettr on a 2006 Bought the 96 with 30k on it, and this one has(2006)36K at about 40% of a similarily equiped 2009, even with all the incentives etc. I put mostly highway miles on the car, but I am putting lot on the last three years(about 23k per year), so think I am better off going used. Look at the tiitle. liens are there I get that, but do I amke the check out to the lien holder???do i make out two checks in the payoff is less than the sales price??? Link to comment Share on other sites More sharing options...
Steely Dan Posted May 11, 2009 Share Posted May 11, 2009 Look at the tiitle. liens are there. If it says lien on the title it doesn't necessarily mean there is a lien on it still. I believe he'll get a new title when the lien is removed but not always. He should have a letter from the bank that the lien has been released. If you don't find any of that then write him a check and immediately go to get it registered. If you can't then issue a stop payment on the check. Link to comment Share on other sites More sharing options...
The Senator Posted May 11, 2009 Share Posted May 11, 2009 You need to ask... SKOOOOBY Link to comment Share on other sites More sharing options...
stuckincincy Posted May 11, 2009 Share Posted May 11, 2009 Prices even bettr on a 2006 Bought the 96 with 30k on it, and this one has(2006)36K at about 40% of a similarily equiped 2009, even with all the incentives etc. I put mostly highway miles on the car, but I am putting lot on the last three years(about 23k per year), so think I am better off going used. I think you deserve the pleasure of driving a brand new car. Tell your wife I said so. Link to comment Share on other sites More sharing options...
Steely Dan Posted May 11, 2009 Share Posted May 11, 2009 You need to ask... SKOOOOBY One more thing to do as well is to write in the memo line "pending registration" Link to comment Share on other sites More sharing options...
The Poojer Posted May 11, 2009 Share Posted May 11, 2009 I am driving a 91 Explorer, just replaced the clutch(its a manual trans) and now i need a battery, has 186K on it.....crossing my fingers that it lasts as long as yours did So, my 96 Explore is dying, but she owes me nothing at almost 225,000 miles on her. Anyway, close to buying another explorer from a private owner, but just cannot locate anywhere on the net what to do if the current owner still has a lien on the car. My fear is that I will write a check to this guy, he will sign the title..I will get to DMV and they will say ...Sorry, Ford Credit will not release the lien as they have not been paid off yet. I have looked at the VA DMV site, also a overall site called dmv.org, and cannot find the answer.They all talk about having current owner sign the title, but nothing about how making sure current lien is paid off. I know this must be something simple, and I feel like a complete dolt , but I am kinda used to that. Thx in advance for the help. Link to comment Share on other sites More sharing options...
plenzmd1 Posted May 11, 2009 Author Share Posted May 11, 2009 I am driving a 91 Explorer, just replaced the clutch(its a manual trans) and now i need a battery, has 186K on it.....crossing my fingers that it lasts as long as yours did Pooj, I will prolly donate my car as it is still running, but my battery kinda old as well. If I donate, will see if they can take without a battery, and you can have mine. I have not had any issues with it, prolly about 4 years old. I think you deserve the pleasure of driving a brand new car. Tell your wife I said so. She has been bugging me for years to buy a new car, I am just not a car guy.Like to spend my money on going to watch losing sports teams!!! Link to comment Share on other sites More sharing options...
eSJayDee Posted May 11, 2009 Share Posted May 11, 2009 At least in NYS, the lien holders are listed on the Title. He needs to sell you a car w/ Title lien free (to further protect yourself, you might have that worded in the contract). If there is still a lien on the car, he must fulfill (pay off) it b4 selling to you. It probably takes sometime to get a new lien-free Title (it took weeks way back when I had to last be concerned w/ it), but you can get a letter from the institution holding the lien that the obligation has been fulfilled so you can get a new lien free title upon transfer. Hope this helps. Link to comment Share on other sites More sharing options...
The Poojer Posted May 11, 2009 Share Posted May 11, 2009 i appreciate that but i am gonna buy one tomorrow, was gonna do it today, but i deemed today 'no spend' day. mine just died on me with no warning...tried to jump it but nada, it tried but it was deader than a doornail Pooj, I will prolly donate my car as it is still running, but my battery kinda old as well. If I donate, will see if they can take without a battery, and you can have mine. I have not had any issues with it, prolly about 4 years old. Link to comment Share on other sites More sharing options...
plenzmd1 Posted May 11, 2009 Author Share Posted May 11, 2009 At least in NYS, the lien holders are listed on the Title. He needs to sell you a car w/ Title lien free (to further protect yourself, you might have that worded in the contract). If there is still a lien on the car, he must fulfill (pay off) it b4 selling to you.It probably takes sometime to get a new lien-free Title (it took weeks way back when I had to last be concerned w/ it), but you can get a letter from the institution holding the lien that the obligation has been fulfilled so you can get a new lien free title upon transfer. Hope this helps. See, that makes sense to me but then it seems like it could take weeks to buy a car. i know I am missing something Link to comment Share on other sites More sharing options...
stuckincincy Posted May 11, 2009 Share Posted May 11, 2009 She has been bugging me for years to buy a new car, I am just not a car guy.Like to spend my money on going to watch losing sports teams!!! You are turning your back on the opportunity of a lifetime. A breathtaking opportunity. You could collapse tomorrow, you don't know. You can get this new one. Treat it with love, and nurse it for 20 years. 20 years without embarrassment on the part of your dear wife having to ride and drive your junk car. Her, and your child not cursing you silently when you get planted in your grave. Is this not all for the good? Link to comment Share on other sites More sharing options...
The Poojer Posted May 11, 2009 Share Posted May 11, 2009 3 words, at least from my perspective, car payment, car payment, car payment You are turning your back on the opportunity of a lifetime. A breathtaking opportunity. You could collapse tomorrow, you don't know. You can get this new one. Treat it with love, and nurse it for 20 years. 20 years without embarrassment on the part of your dear wife having to ride and drive your junk car. Her, and your child not cursing you silently when you get planted in your grave. Is this not all for the good? Link to comment Share on other sites More sharing options...
plenzmd1 Posted May 11, 2009 Author Share Posted May 11, 2009 You are turning your back on the opportunity of a lifetime. A breathtaking opportunity. You could collapse tomorrow, you don't know. You can get this new one. Treat it with love, and nurse it for 20 years. 20 years without embarrassment on the part of your dear wife having to ride and drive your junk car. Her, and your child not cursing you silently when you get planted in your grave. Is this not all for the good? Cincy, you work for Ford??? Get Mr Obama to expand some of the incentives to us 'rich" folks!!! Link to comment Share on other sites More sharing options...
John from Riverside Posted May 11, 2009 Share Posted May 11, 2009 If you got 225K out of your '96, I suggest you go to a Ford dealership, and buy a new one. Prices are good. Agreed....if you can afford it go new. Link to comment Share on other sites More sharing options...
/dev/null Posted May 11, 2009 Share Posted May 11, 2009 Why don't you buy a Chrysler? I think their current offer is buy a Chrysler they make you CEO Link to comment Share on other sites More sharing options...
stuckincincy Posted May 11, 2009 Share Posted May 11, 2009 Cincy, you work for Ford??? Get Mr Obama to expand some of the incentives to us 'rich" folks!!! Wanna buy my beer-bumped '98 4-cyl S-10 short bed 2wd? Mobil 1 oil exclusively since 2000! Only 55K miles! Auto, air, cruise! Authentic, noisy deep tread traditional snow tires! Link to comment Share on other sites More sharing options...
KD in CA Posted May 11, 2009 Share Posted May 11, 2009 See, that makes sense to me but then it seems like it could take weeks to buy a car. i know I am missing something You could assume the debt and just pay him the difference. Of course, you'd want to confirm that amount with the finance co. Link to comment Share on other sites More sharing options...
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