Whatever the case may be, the lienholder technically owns the car which makes selling a used car that has a lien a little bit more intricate. However, selling your used car through We Buy All Cars in NJ makes the process a lot easier by helping you take care of the paperwork and getting you the best possible price.
A downside of bonded titles is that they are incredibly expensive. They generally have to cover 1.5 to 2 times the value of the vehicle, which can negate any value you might be getting on the sale. In most cases, you will be better off if you look for another car where the seller has the title in hand.
The auto industry has a very confusing family tree. The past decade has seen partnerships, sales, separations, bankruptcies, and entire divisions killed off, making it difficult to keep up with who owns which car brands.
Transaction Capital is in talks to buy a controlling sharein WeBuyCars, the used-car selling and buying service. Transaction Capital ownsminibus taxi finance group, SA Taxi, as well as a debt collection business.
Transaction Capital already owns 49.9% in WeBuyCars, which it bought for R1.8 billion in September last year. The company confirmed in a statement on Wednesday thatit is in formal negotiations to buy another 25% stake in the holding company ofWeBuyCars, which will push its shareholding to 74.9% stake.
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