0
pay it off
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do you write a trade-in authorization letter to get your car title when you pay off your loan?
The dealership should have a trade-in authorization letter so you can get the car title when you pay off your loan. If not, you would just write that you are giving permission to get the title for a trade in.
Should you pay off your repo car?
You should pay off your repossessed car if you want to fix your credit quickly. If you are not worried about your credit, you can wait to pay off the car or file for bankruptcy.
Can you trade in a car you still owe on for a new car?
Yes you can, but it depends on the dealership you trade it to...some of them will be willing to pay it off when they receive it as a trade.
Should you make your car payment this month if your going to trade it in for a new car at the end of the month?
Sure. It will lower the pay-off the dealer ia going to charge you when you buy the next car.
How do you trade in a car that is not paid off?
Pay the bill off and sell it or borrow enough on the new car to pay off the old car and finance then new one. My advice is to not consider trading until you pay off the car you now own. That way you will be in a much better financial condition to purchase another car.
Can you trade in your used vehicle that you bought 4 months ago for a newer one and if so does the dealer pay off the prior vehicle and still give you a trade in value?
NO. He will give you the difference in the pay off on the trade in and the trade in value. Stop right where you are. Sell the vehicle yourself and pay off the loan. Then go buy another car without a trade in. The price of the car will drop as soon as you tell them you have no trade in. You will be money ahead. Trade in value is basically wholesale value. You can sell the car for far more than that yourself.
What liabilities do you have if a dealer pays off your trade but after 30 days the financing numbers have to be re-worked and are not acceptable?
it is the dealerships responsibility to pay off in full the amount owed on the trade in. If the finance numbers are wrong from the dealerships paperworks then it is their loss and they must pay off the trade to sell the car to another buyer. After you sign the agreement to trade, your liability is over on the old car.
How can you get rid of a your car when you still have payments?
Sell it or trade it in. Then take the proceeds to pay off the loan.
If you trade your car in to a dealer and still owed money on it but the dealer never paid it off whos accountable?
Once you sign the release of liability at the dealership when you trade the car , the dealer is responsible for the pay off.
Can you buy a car if you are 12000 upside down with your trade in?
You can but the amount(12,000) will be added to the new car loan. If you were to sell your car that you have now and pay it off, you would be better off.
Can you trade in a loan car?
Yes. You must pay off the loan with the proceeds, and pay the difference if the proceeds are less than the loan.
How do you buy a used car if you have a balance on trade in?
You will have to borrow enough money to pay off the balance on the car you now have plus the price of the car you are buying.
