What should I do if a Carfax report shows a lien on a car?
I want to buy a 2017 Honda Civic. I read that you should always check the Carfax report before buying. When I did, it said that there was a lien on the car. Should I still buy it?
Answer provided by
Answered on May 05, 2021
“A lien simply means that the owner financed the car. They could’ve paid the loan off or they might still owe on it.
Ask the seller for a lien release before you hand over any money. This letter certifies that the car has been paid off and the owner has a clean and clear title.
If they can’t provide one, offer to go with them to the bank to get one. If they balk at this idea, you’ll know that something fishy is going on. At that point, walk away.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Will my bad credit have any impact on my fiance's car insurance rate?
I have bad credit, while my fiance has good credit. We're planning to get a car insurance policy together. What impact will my credit have, if any?
Apr 12, 2021
"Can my unlicensed dad cosign a car loan for me? "
"I am 18 and I have a driver's license, but I don’t have any credit. My father, on the other hand, has perfect credit but does not drive. Can he cosign for me on a car loan? "
May 05, 2021