Edmonton man says $1 lien preventing him from selling paid-off SUV
Global News
A man is sharing his experience trying to sell a car, hoping it will help others. He tried to sell a new SUV he paid for but couldn't sell because there was a $1 lien on it.
An Edmonton man is sharing his experience trying to sell a car, hoping it will help others.
This comes after he tried to sell a new SUV he paid for but couldn’t sell because there was a $1 lien on it.
Harvey Minhas bought a nearly $100,000 2021 Yukon Denali back in October but after accepting a new job offer in Toronto — where driving a large SUV could be a tight fit — he wanted to sell.
“When a potential buyer came, he checked out my vehicle and he informed me that there was lien on the vehicle,” Minhas said.
But this wasn’t a typical financing lien.
Minhas had paid off the SUV; this was a second lien from the dealer for $1, meaning he couldn’t sell.
“We’re talking about $100,000 so it’s frustrating for sure,” Minhas said.
He checked the contract and in the fine print found a section saying that the customer agrees to not sell, transfer ownership, or export the vehicle from Canada for 12 months.
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