If you are still making payments on the car, then the finance company holds the title until it has been paid in full. They are considered the owners of the vehicle, and so you will not be able to obtain a copy of the title from your motor vehicle office.
Since you do not yet own the car, you also will not be able to sell or donate it. If you want to trade it in for a different vehicle, the finance officer should be able to arrange the transfer of the title, but any unpaid amount will be deducted from the value of your trade.
No, a donation center will not pay off the balance. But there are lots of places that will take a donated car, from Salvation Army to Mother Hubbard, but you can't expect a non-profit to pay off your car loan. And if you don't have a title, you can't claim it on your taxes as you have no proof of ownership (unless the vehicle is registered in your name)
you can donate the car to anyone you wish but it will not pay off the note
the national kidney foundation, or call your local chamber of commerce
Instead of donating it....pawn it and then when they get it, they have to pay the balance. or sell it, for at least a couple hundred more, so you can get something out of it.
If you live in NY I know that the Long Island Crisis Center takes Car Donations. Do a search for them on Yahoo! and you can call them up and they'll arrange for the pick-up. I am not sure about the balance questions. Most donation places are non-profit organizations but you can ask them when you call. :)
No. you are still liable for the balance remaining on the loan.
You must sell it, pay back the loan, and keep the remainder.
By the way, go to the DMV (or MVD) and get a replacement title. as long as the car is in your name that should be no problem.
I think the car needs to be payed off and you have to have the title to donate it. I donated a 95 Honda Civic, with the title though.
Sell it to a second-hand car dealer. They usually take cars of virtually any model.
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