Quote:
Originally Posted by mjr24
They absolutely can.....which is why all dealers and Carmax, etc. tell you to keep paying your loan until it's been paid off. Maybe it's different in Canada but it's pretty common here. Yes, most do pay it right away......but I've heard of some places taking a bit longer. This guy will pay it right away, though, because he wants the title. Basically the dealer is buying my car at this point and then selling it to him is the best way to sum this all up. If this were some small used car dealer then I might still be hesitant but not really worried about a Ford dealer doing this.
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In this case, as long as all the transaction documentation is from the Ford dealer and not by the individual that works there, you should be OK.