Salam people!
My first post here.
Need someone to guide me through the process of selling my car. Let me give you an overview of the situation i find myself in.
I have a 2016 model corolla that i leased from a bank. i have been paying the installments till date and i still have 8-10 installments left (approx. 300k worth). I have a situation where i need to sell my car in a maximum of 10 days to arrange for cash.
I know eid is around the corner and there will be puclic holidays as well.
Can somebody walk me through the process if i can sell my car while it still has a few installments pending? If yes, how would i go about it? what is the procedure?
Should i seek guidance from my bank about it?
I am quite ignorant on the matter and any help in this regard would be appreciated!
JazakAllah!