How to Settle Your Bank Loan When Selling via Consignment

<h2>Selling a Car with an Active Loan</h2><p>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.</p><h2>The Step-by-Step Settlement</h2><ul><li>We get the final settlement figure from your bank.</li><li>The buyer’s payment (cash or loan) clears your debt first.</li><li>The balance (your profit) is paid to you securely.</li><li>**JPJ Tukar Nama** is completed only after the bank releases the e-batal.</li></ul><h2>Safety First</h2><p>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."</p><h2>Disclaimer</h2><p><em>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.</em></p>