Is it possible to sell your car to a junk yard even if you owe money on it still?

Junk Yard Atlanta

A reputable salvage yard is going to want the title if they purchase your vehicle.

Junk Yard Atlanta

A junk yard rarely pays you more than $50 for junk cars WITH a title. Your real choice is to replace the motor again. Either gamble with another junk yard motor, or a warrantied new motor.

Junk Yard Atlanta

I wouldn't like to be a co-conspirator in an attempt to commit fraud, because that's what it looks like to me. However if the road tax has run out or is lost, surely legally you would have no choice than to scrap it? If you get what i'm saying.

Junk Yard Atlanta

It's possible, but not a good idea. A less-than-reputable scrap yard will scrap your car without a title if it's taken care of quickly, but if they are caught, you could be sued or put into jail for fraud. Best case, if you ever stop paying, and your bank comes to repossess your car, and finds out what happened, you're going to be on the hook for some serious money.

That being said, the vast majority of scrap yards would rather have a title or bill of sale for a car before accepting it.

Junk Yard Atlanta

to answer the question first. No, you can't sell what you don't own. Sounds like maybe you're hard on engines? You say your warranty paid for the last one. I doubt they paid for a junk yard engine. You and the mechanic split the extra, or what? Well, looks like it caught up. Get a decent engine, take better care of it. Or park it, and make the payments until it's paid off, then sell it for parts.

Junk Yard Atlanta

No. If you don't have the title the car isn't yours to sell.

Junk Yard Atlanta

put it on ebay or craigslist and explain the situation if the payment can cover the rest of your loan you will be okay