How to buy truck from someone still financing?

I would say a contract and get in touch with his bank to facilitate the payment directly to the bank and title being transferred to you directly.

 

Getting a loan to pay him and the bank.

 

Is the OP trying to buy the glider Columbia from the that’s upside down.

 

I’ve bought and sold to a private buyer and everything went smoothly.

Would help if you gave more details though. Like are you going to be using a lender..then you would basically just deal with your lender.

Paying cash you will deal with the sellers lender.

The first thing once you have an agreement with the seller is to get a P&S agreement to present either lender.

As far as receiving the title, that could take some time depending on your state.

Example, Montana is a “right to hold title” state so the seller should already be in possession.

Florida for example, you can’t do anything until you have the title. The title is the only proof of ownership they will accept. They can also take up to three weeks to release a title.

Just understand that depending upon the state you are dealing with it could take a few weeks or a month for the title.
Nothing worse than having a truck you can’t do anything with. Why I prefer buying new through a dealership.

 

The truck I have now had a lien at a bank locally.

Seller and I agreed on price, I took check from my bank to his bank, sat down with him and the bank manager, and the bank released lien and handed me the paperwork, and I drove off.

Basically, lien has to be satisfied properly before deal is done.

In Missouri, other states differ.

 

In essence, the payment needs to go to both the lien holder and the owner. Easy if writing a check, you make it out to BOTH.