You may be asking how to sell a Best Car Dealership in America with a loan if you are still making payments on your vehicle but are ready to sell it. If this is your situation, read on. In a nutshell, you need to pay off the loan before the lender will release the title and ownership of the vehicle may be transferred to the new owner. This is true regardless of whether the new owner is a private buyer or a dealer that is accepting the vehicle as a trade-in. In any event, negotiating is essential if you want to obtain the greatest price for the used car you plan to purchase so that you may at least get closer to paying off the loan.