{"id":8417,"date":"2024-08-02T10:04:09","date_gmt":"2024-08-02T02:04:09","guid":{"rendered":"https:\/\/carro.co\/my\/blog\/?p=8417"},"modified":"2025-11-27T18:52:14","modified_gmt":"2025-11-27T10:52:14","slug":"sell-car-with-outstanding-loan","status":"publish","type":"post","link":"https:\/\/carro.co\/my\/blog\/sell-car-with-outstanding-loan\/","title":{"rendered":"4 ways to sell a car with an outstanding loan"},"content":{"rendered":"

When you buy a car<\/a>, you probably remember the moment when you first got in the car and drove it home. Eventually, the time will come for you to sell it<\/a>. However, if you still have an outstanding loan on your car, you may run into some issues. In this article, we will go through 4 ways to sell your car with an outstanding loan!<\/p>\n

\"Car
Source<\/a>.<\/figcaption><\/figure>\n

Baca versi BM<\/a><\/p>\n

Selling to a cash buyer<\/h2>\n

\"Ringgit,<\/p>\n

This is the easiest way to sell a car with an outstanding loan because there are few hurdles, saving both time and money.<\/p>\n

There are 3 easy steps.<\/p>\n

    \n
  1. Pay off your loan. You can use your own money or the buyer can provide the funds needed to pay off the loan. After paying it off, you will receive the Vehicle Ownership Certificate (VOC), also known as the\u00a0car grant<\/em>. If the buy price is not enough to cover the loan, the owner will have to chip in and pay out of pocket.<\/li>\n
  2. After receiving your VOC, you will need to get a PUSPAKOM B5 Report<\/a> which proves your car is roadworthy. You will need to pay RM3.50<\/strong> for the appointment and RM30<\/strong> for the inspection.<\/li>\n
  3. Lastly, the owner and buyer will have to go to a JPJ office<\/a> for the ownership transfer. This will cost RM100<\/strong>. Before you go, prepare the following documents:\n