Owner died Natural death leaving unfinished car loan

[vinj]

As the vehicle is an asset of the deceased, this goes to his estate or heirs.

Inform the Bank and discuss with the Account Officer the options. They'll be lucky if there is mortgage redemption insurance on the car since the death of the principal will mean, the car is automatically paid up.

When my dad died, he had one car under loan and unfortunately it had no MRI, We just decided to continue payment and my siblings and i will just work on the transfer upon full payment of the loan.

[knight0901]

Thanks guys for your suggestions. They went to the bank this morning to inform them and they were asked to wait for a call from their consumer lending to discuss the options. We'll update you guys when the bank calls them.