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Thread: *Need Help!!! Selling a car with lien? sorta

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    Certified Gearhead
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    Default *Need Help!!! Selling a car with lien? sorta

    Okay I need advice and somethin that will help me because I dont want to get fucked over. So here it goes.

    Back in November I let my friend borrow my car, it was a 95 bmw 740il. So we moved in together as roomates in december, and i had another car I drove, the bmw was his full time car. We took the Bill of Sale of the dmv website and filled it out. It says "Seller(s)/Transferor(s) further states that there are no liens, security interests, or encumbrances on this vehicle except as listed below:"......... I filled out the rest of the information. I have received $1600($1000 of it from his dad to help pay me) of a total of $7000 since January when the bill of sale was made. We made a side not total price was $7000 and it was not yet paid.

    Am i in the right here for the legal system or will i get fucked over?
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