Can you ship a financed car overseas?
"I'm moving to Europe, and I want to take my car with me. However, I still have a loan on it.
Can you ship a financed car overseas?"
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Answered on Jun 16, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“In all likelihood, the lender isn’t going to let you take the vehicle to Europe.
And then again, why would you want to? Unless it’s a collector car, you’re looking at $3,000 to $5,000 to ship the car across the ocean.
That amount itself should be enough to convince you to keep it in the U.S. If you can’t live without this car, you should store it in a garage until you can pay the loan off.
Once you own the car free and clear, then you can worry about shipping it across the pond.”
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