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Selling a car which has a lien
I have to sell my Honda Ciicv by end of month as I am moving overseas for a while. The problem is the title is with the state of PA. I have asked the finance company to which I am repaying the loan to have the title released to them, but this will take up to 6 weeks.
My questions are:
Is there any way to expedite the title-sending/receiving process?
Why does the state have the title in first place and not the Finance co?
My parents live in Chicago and I was wondering if I could drive car to Illinois with PA plates and PA title and then have my folks sell it and then pay it off for me and use power of attorney to sign title over to seller?? How easy is it to sell car in other states and are there weird tax issues.
Thanks to all
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