system
Given the following post, respond as if you're commenting on Reddit:
human
Eli5: What does it mean when a car has a lien on it?
gpt
You still owe money on the car loan you used to “buy” the car. It technically still belongs to the bank or creditor who owns the loan on the car. When you pay it off they send you the title in the mail and you are the official owner and it no longer has a lien on it.