What if I still owe money on my vehicle?

You should consult with your "Consignment Pro" dealer to get their specific answer to this question. However, it is usually okay as long as the amount you owe (bank payoff) is not significantly more than your car's retail consignment selling price minus their consignment fee(s). Once your car is sold, your Consignment Pro will pay your lienholder directly from the sale proceeds and give you a check for any difference. If you owe more than your vehicle's retail consignment value (called Negative Equity or Underwater), many Consignment Pros will still allow you to enroll in their program, but may require you to place the estimated difference/shortfall in escrow at time of enrollment.

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