TTA
Club Member
Long story short.
I purchased a 98 minivan in 2000 for my wife from a local Chevy dealers used car lot.
I had no trade, gave 5k cash down and financed the 8k balance through whoever the dealer set it up with.
I paid the car off early and received a release of lien from the finance co.
several years go by and I sell the car to my buddy who makes payments to me for about a year.
Once he pays it off I sign the title and he heads to the SOS.
Apparently GMAC still has a lien on the car.
What do I do?
PS
My wife called the dealer explained our problem and they asked us to come on in and they'd help us out with an 'upgrade'
I purchased a 98 minivan in 2000 for my wife from a local Chevy dealers used car lot.
I had no trade, gave 5k cash down and financed the 8k balance through whoever the dealer set it up with.
I paid the car off early and received a release of lien from the finance co.
several years go by and I sell the car to my buddy who makes payments to me for about a year.
Once he pays it off I sign the title and he heads to the SOS.
Apparently GMAC still has a lien on the car.
What do I do?
PS
My wife called the dealer explained our problem and they asked us to come on in and they'd help us out with an 'upgrade'
