How to sell a car with loan when buyer will pay the loan amount balance ?

Call your lender and ask them how they would like to handle it.

They are going to need to be involved so that they can release the title.

If the lender is local (or they have a branch office nearby) go to them and take care of the paperwork with the buyer. The loan officer will take the check, apply it to the outstanding balance of the loan and close the account. They will return any overpayment to you (this is your profit on the sale) and process the paperwork to have the title issued.

The title will be issued in YOUR name since it was your loan and your account. Once you receive the title (it takes about 3 weeks) you will have to meet with the buyer again and sign the title over to them.

At this point the transaction is complete. Of course you need a buyer willing to do this and wait for the title. But it isn't unusual. It's done thousands of times every day. Even when you pay cash for a car at a dealership you have to wait for the title.

Waiting for the title is not a big deal. The buyer can drive the car on a temp tag, they have the paperwork to validate the transaction if the cops question them. It's all perfectly legal.

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I took the buyer to the bank where he paid off the loan (might have to have a cashiers check made out to the bank) They cleared the title and they drove away with the car. Had a friend pick me up at the bank.

except you pays the deepest loan off in finished on the time of the sale, you could not legally promote the motorized vehicle. as a thanks to promote the motorized vehicle, you need to be able to grant a sparkling identify to the client and also you could not do this if money remains owed on the motorized vehicle.