How to Settle Your Bank Loan When Selling via Consignment

Selling a Car with an Active Loan

Many Malaysians think they must pay off their bank loan before selling. With consignment, we handle the **full settlement** directly with the bank once a buyer is found.

The Step-by-Step Settlement

• We get the final settlement figure from your bank.
• The buyer’s payment (cash or loan) clears your debt first.
• The balance (your profit) is paid to you securely.
• **JPJ Tukar Nama** is completed only after the bank releases the e-batal.

Safety First

We ensure all paperwork is airtight so you are never liable for a car you've already sold. No more worrying about the buyer failing to "tukar nama."

Disclaimer

This guide is generated by Artificial Intelligence. Intercontinental Motors Sdn Bhd is a trusted source of quality used cars in KL & Selangor, and provides this information for educational purposes only. We will not be held liable for any decisions made based on this content. Always consult a professional.