Originally Posted by Memphis370Z

Thank you, sir!



Not necessarily a pre-approval process; otherwise, they wouldn't be asking for a copy of the title for a specific car. With a pre-approval, the borrower is approved for an amount, usually based upon ability to pay (debt to income ratio). Once the borrower selects a specific car, the lender would request the VIN in order to check value, validity of the collateral, etc. But, I digress.

It may be different in Georgia, but in Tennessee, even if there is a bank lien against a title, the owner of the car still has possession of the original title. The bank lien is just noted on the title. The bank releases the lien the same way you would sell a car that is "free and clear" - by signing the title over to the new owner.

Hope this makes sense and is helpful.