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? on title transfer when buying a used car (archive)

[ Follow Ups ] [ E36 M3 Message Board ] [ Msg. Board FAQ ]

Posted by Peter Counts on June 20, 2000 at 19:52:20:

Here is the situation. I am getting ready to buy a used M3. The seller needs to payoff the loan before the bank will release the title (makes since). How do I register the car without a title? I live in VA and he lives in PA. Also I am paying cash for the car, but I am getting a loan to payoff my high interest student loan. My bank will not give me the check until they have the title. I do have 3 other cars that are paid for. Can anyone solve this chicken and egg mystery for us.



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