answersLogoWhite

0


Best Answer

You can, but you might have to pay off the remaining balance. The place where you want to trade the car will know if you have to pay or if it will be an even trade or not.

Property of any type whether a beneficiary is named or not can be subject to probate procedure. No property can be distributed nor disposed of in any matter until probate has been finished.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you trade an inherited vehicle if there is an outstanding loan balance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do I go about trading a financed vehicle for something else?

== == You CANNOT sell or trade a vehicle that YOU don't OWN, and as long as there is a loan debt outstanding on the vehicle, YOU can't sell it, as it still belongs to the company that LOANED you the money to but it. They own it. If you pay the entire remaining balance to the lender, and get a CLEAR TITLE to it, then you can sell, or trade it to whoever you wish, but not before you pay it off, completely.


How is balance of trade made plural?

The plural of balance of trade is "balances of trade."


What is the difference between the balance of trade and the balance of payments?

the balance of trade is how much you receive the balance of payment is how much you pay


Can a nation have a favorable balance of trade and an unfavorable balance of payments?

Yes, as the balance of trade is only one part of the balance of payments


What Is Balance Of Trade Of India?

deffinition ofbalance of trade of India? what is balance of trade of India? give the detail this question.


Import export balance of trade?

Import-export balance of trade as captured in the Balance of Trade, is an economic measure of the country's imports ad exports, and their relationship.


Negative balance of trade?

A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.


What is meant by invisible balance of trade?

Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes


What are the two indicators nations rely on to measure global trade?

They are the balance of trade and the balance of payments.


Balance of trade?

The difference between the value of imports and exports of a country is the balance of trade. It is a country's largest component of balance of payments.


What is the present balance of trade situation in Pakistan?

Based on the reportÊin SeptemberÊ2014, Pakistan's balance of trade average was -22158.78 PKR million. This was the balance of trade average from 1957 until 2014.


Can I trade in my car when there is a loan balance?

You can trade your car in, however the loan balance must still be satisfied.