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normtwofinger · 06-26-2010, 06:35 AM

I sold my car privately with a ScotiaBank loan on it a few years back. The buyer had a bank draft and accompanied me to the bank while I deposited it, cleared the loan, and recieved a letter from the bank that showed the loan was cleared and there are no liens left on the car. Both the buyer and I recieved a copy of the letter as well as a copy each of the bill of sale, and I signed the back of the pink slip for her to take to the registration office. Was pretty simple.

06-26-2010, 06:35 AM	#8
normtwofinger Self-Retirement Join Date: Mar 2007 Exp:	I sold my car privately with a ScotiaBank loan on it a few years back. The buyer had a bank draft and accompanied me to the bank while I deposited it, cleared the loan, and recieved a letter from the bank that showed the loan was cleared and there are no liens left on the car. Both the buyer and I recieved a copy of the letter as well as a copy each of the bill of sale, and I signed the back of the pink slip for her to take to the registration office. Was pretty simple.