Hi guys, I purchased Alto VXR 2020 in November 2024 for around 2.33m using HBL car loan, paid around 10 installments. Currently, my outstanding amount is around 1.3m. I want to know, how can i sell my car safely, the only option I can think of:
Ask someone in my family or friends circle to lend me 1.3m so that I can clear all outstanding amounts and transfer the car to my name. Then, I can sell it to someone else and return the borrowed money.
But I want to avoid that route. Is there any other way, like i just sell the car directly to the buyer, ask him to trust me to clear the outstanding amount first by using his money, when car ownership is transferred to me, I will transfer the car to his name. Something like that. What do you guys think?
