0 votes
in General by
I want to sell a car that I bought with a loan. I can sell it and repay the loan

1 Answer

0 votes
by (47.6k points)

Yes, you can sell a car that you bought with a loan on written condition that the Bank will release the logbook to the buyer upon full settlement of the loan.

  • The Buyer has to accept to receive the logbook from the bank after payment
  • The Bank has to accept to release the logbook to your car buyer upon full settlement of the loan.

Related questions

Register, ask, and answer questions to earn more points and privileges. Some features are disabled for users with few points.
Welcome to Kenyayote Q&A, the largest community site in Kenya where you can ask any question and receive answers from Kenyayote staff and other members of the community.

Before you ask, search the website to make sure your question has not been answered.

If you are ready to ask, provide a title about your question and a detailed description of your problem.

Register to join Kenyayote Ask Community.
...