CAR-BUYING QUESTIONS

How do I find out my car loan payoff amount?

Ask your lender for a payoff quote, usually available online, in the app or by phone. The payoff differs from your statement balance because it includes interest accrued up to a specific date. Quotes are typically good for about 10 days. Dealers and buyers will need it when you trade in or sell. On OffLot's Trade-in and Sell my car pages, you can enter your payoff to estimate your trade equity.

General information, not legal or financial advice; rules vary by state and lender.

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