I need to sell my car because I just started college and live on campus. I do not drive anywhere, and can't have it there so it is at my parents. I owe $2000 on it, and it is worth almost $5000. I have no job anymore so I can't pay it off. My parent can't either. After paying it off, the bank would send the title to me no matter who pays it, and I would have to transfer it if anybody would trust that.
How would I go about doing that? Or would it be possible or easier for somebody else to apply for the remainder of the loan at the bank and have the car transferred to them that way?
How would I go about doing that? Or would it be possible or easier for somebody else to apply for the remainder of the loan at the bank and have the car transferred to them that way?