Yes, although the process depends on the outstanding loan balance and your finance provider’s requirements. If your vehicle is still under finance, the lender usually has a financial interest until the loan has been fully settled.
Before accepting an offer, request a payout figure from your finance company. This confirms the remaining balance and helps determine how the sale can proceed.
Many financed vehicles can still be sold, provided the outstanding finance is resolved as part of the transaction. If your vehicle has existing finance, tell Local Cash For Car when requesting a quote. Our team will explain the process and help you understand the next steps based on your circumstances.
Written by Katherine Usher
Katherine Usher brings more than 12+ years of hands-on experience in vehicle appraisal, salvage operations, and automotive recycling. As Head Vehicle Appraiser at Local Cash For Cars, she has helped assess thousands of vehicles, including accident-damaged, flood-affected, non-running, and unwanted cars across Australia.