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@homebass You would lose more initially if it was paid on one cheque, because the deductions are calculated as if that was your regular paycheque. At the end of the year, you would be paying the same whether it's on a single cheque or 3, so likely end up with a tax refund.

@pngdeity Once everything is worked out, the buyer gets a bank draft for the amount he agreed to pay, or two if it's above what's owed for the car. One for the lienholder to clear the title, and one for you. You go to the lienholder together, give the payment, receive the title/release letter...