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How do you sell a car you are financing?


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2007-02-13 15:47:25
2007-02-13 15:47:25

You just sell it, hopefully for more than you owe. Who ever is handlleing the loan releases the car after it is paid off. If you can't sell it for the entire amount owed it may make sense to pay the difference in order to be out from under the loan. May have to pay this months payment so you don't have to next month.


Related Questions

Either pay off the car loan in full or sell it.

Yes. You are responsible to pay off the loan you have on the car so make sure you sell it for at least that much. You can request a payoff amount from your lender.

it is legal as long as they meet the financing requirements and insurance requirements of the financing. paying cash you bet.

car financing is basically when u get 10lac car at 2 lacs thry financial institutions

Car loan rates are typically found at car dealers, if the dealer or the car company they sell for is offering financing, or at local banks and credit unions.

Car loan financing tips can be found form most dealers and banks. Generally car financing like any other financing depends largely on credit score and amount of down payment, if any.

There are many places where one can apply for financing car loans. One can apply for financing car loans at popular on the web sources such as Capital One and Bank Rate.

Chrysler does offer financing for new car purchases online. You can get more information on the financing available online at the official Chrysler website.

Your best bet is to get financing at the dealership you are buying your car at. They are usually flexible and willing to work with you in order to sell the car. If you are buying from a private seller, try your personal bank, as they would be willing to give you leeway as you are already a valued customer.

Why don't you go find your own financing. It is not his responsibility, it is yours. You are the one buying the car.

You were never approved for financing to buy the car thus you do not own the car and the dealer has the right to his yes they can

Many car dealerships offer financing, either through the manufacturer or local banks. You can negotiate financing as part of the overall purchase price.

There are a number of places that offer car loan financing. Depending on an individual's credit score it can be done through a bank or through a car lot that offers buy here, pay here financing.

If you are financing the sale, you would list your name and address on the title as Lienholder or Secured Party.

There are several places to go for car financing. A few of the best of these places would be the Edmunds website, which has a car-financing calculator, the MyLocalFord website, or the car payment calculator on KBB.

Yes. Vauchall Astra does offer financing. They have offer all forms of new and used car funding as well as car financing for all their customers who wish to need it.

Various banks offer financing for a used car. Banks like RBC, CIBC, and Canada Trust are all examples of the banks. One can visit their websites for a rough quote on the price of financing the used car.

Yes, when you buy the new car the remaining amount owed on the old car will be refinanced in the new financing and "transferred" in this manner. It can not be transferred unless you approve, but you can not sell the old car (Trade in) unless you approve the transaction that does this.

One can go to be approved for car financing at a local car dealer and applying there. One of the most important things you will need is good "credit".

Financing your own car essentially means setting up a payment arrangement that is affordable. To find more information on car financing you can visit

You can get free information about car financing from either a bank or a car dealership. You might also want to check with your insurance company. If you are buying a car from a dealer, I would talk with them first.

Lets say your financing a brand new car. You owe $25,000 on it and when it gets reposessed you still owe $18,000. The reposession company will sell the car and that gets subtracted from what you owe. Lets say they sell it for $7,500. So they would subtract $7,500 from $18,000 which means when all is said and done, you still owe $11,500 on the car.

after approved financing and signed contract, have had car 8 days, can a dealership take car back?

If one is looking for financing on a collector car, check out a site such as carsdirect dot com. The site will offer advice and tips on getting car loans.

One can get low interest financing for leasing a car either from the car dealer or the bank. The bank is likely to have lower interest rates and will accept the car as collateral for the loan.

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