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.