Suppose you have taken a title loan from a reputed lender company and not in a position to pay back. In that case can you sell the car to pay off the loan? Whether the lender will transfer the title ownership to your name without paying the outstanding balance? There are ways to sell your car even with a loan on it. You should enquire the company to know their opinion. There are reputed lenders like LoanMax that can guide you when you have such doubts.