Sounds like you got yourself stuck between a rock and a hard place pal. Way I see it, you've got two options.
A. Pay to get the engine fixed and keep the car or trade it in, it'll most likely pay off in the end.
B. Take the car back to the dealer and trade it in for new one, perhaps they'll work with you given the car is in decent enough condition.
Make another loan-quick before the wrecked car loan goes bad.
interest only loan's
The outstanding principal balance on a loan is the amount of money that still needs to be repaid to the lender, not including any interest or fees.
If you look at the money supermarket website it will give you a number of options when it comes to a direct payday loan. It will find a suitable option to fit your needs.
Nelnet offers loan forgiveness options such as Public Service Loan Forgiveness (PSLF), Teacher Loan Forgiveness, and Total and Permanent Disability Discharge.
The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.
To pay the loan.
Options for managing student loan debt as a changed student loan borrower include income-driven repayment plans, loan consolidation, loan forgiveness programs, and refinancing with a private lender.
The difference between an unsecured loan and a secured loan is very big if for some reason bankruptcy is declared or the loan cannot pay repaid. Secured means that the buyer still needs to repay and unsecured mean he doesn't if bankruptcy is declared.
If one has a poor credit history, there are still a few options for auto loans. One can negotiate a loan with their current financial institution, or obtain a loan from lenders such as Auto Credit Express or Valley Auto Loans.
The same options as anyone else who owes a valid debt they do not want to pay. Virtually no options except for repaying the loan amount.
Wells Fargo Financial does offer auto loans. They have many options including used car loans, new car loans, and auto loan refinancing depending on your loan needs.