Moving Vehicle to U.S from Canada with Lien

[SailorSiri 1]

Hello all,

 

I'm new to this forum so apologize if this is not where this is supposed to go. I'm looking to move to the U.S under a K-1 Visa to be with my fiance and I've been doing a lot of research in the process. One of my main concerns at the moment is my vehicle, I have a 2016 vehicle which I financed through a TD auto loan. From what I can gather, TD will not allow me to move my vehicle across the border because it technically has a lien on it. I reached out to ScotiaBank who also said they would not allow a vehicle under a loan to be moved cross border. So I guess I'm asking if anyone has any suggestions or advice here. I'll be moving to Oregon from Ontario and I originally just planned to keep my Canadian bank account that my loan withdraws from and deposit funds into it.

 

Does anyone know of any banks or lending organizations that would give me a letter of approval to move my vehicle if I moved my loan to be with them?

 

I've seen some suggest you sell your car but I don't know that I would even get what the loans value on it is worth. I also know that I will 90% likely not be able to pay off my loan on top of saving for all the other moving expenses involved within the next year.

 

Hoping someone has some advice here. 

 

Thanks so much 

[Lemonslice 4,859]

Could your fiancé loan you the money to pay it in full prior to moving?  Could they get a loan in the US that you would repay?  

[SailorSiri 1]

I dont think he could simply pay it off, but Im wondering if an American lender would lend me the money to pay off my Canadian bank. 

[NicoleS 189]

You might be better off selling your car then because US banks are not going to deal with you if you have no US credit score