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To sell a car to someone who wants to make payments, you can consider offering a payment plan or financing options. This allows the buyer to pay for the car in installments over a period of time, making it more affordable for them. Make sure to outline the terms of the payment plan clearly and have a written agreement in place to protect both parties.
What else can I help you with?
Can you sell your car with payments left on the loan?
Someone cannot sell his car if there are still some pending payments on a loan. It is however possible to enter an agreement with the financier so that the remaining payments can be financed by part of the proceeds from the car sale. An extra interest payment may be charged for that.
Can you sell a car on finance?
Yes, you can sell a car on finance by allowing the buyer to make payments over time with interest until the full amount is paid off.
Can't make the payments and can't sell what do I do?
Talk to the lienholder to see what they want you to do. You might be able to renegotiate the payments. As a worst case scenario, you could do a voluntary repossession, which at least saves you from having to pay the repo fees.
What is the definition of foreclosure?
A situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, be it a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract. A foreclosure happens when someone who has made a loan with a bank can't pay their loans anymore. The bank will then sell the lenders stuff, such as their house, as compensation.
Can a bank refinance your car if you are upside down on the payments?
YES! You don't make your payments and they will repo. They will then sell the car and you will be responsible for the difference in what the car sells for and the balance on the note. Don't let it happen. Contact the lender and work something out.
What are some important features to look at when someone wants to sell their car?
Some important features to look at when someone wants to sell their car are the year, make, and model. Also the mileage, power features, and the history of car care.
If you can't make the payments on your 2004 SUV what can you do?
Renegotiate the loan with the lender. Sell the car to someone else or have them take over the payments. The very last thing you want to do is default on the loan.
How do you sell your car and have someone take over payments?
For someone to take over the payments they must essentially get a new loan for the payoff amount in their name. This new loan will pay off your loan and will make thir payoff amount higher than yours.
What if you got a car in your name for someone else but they cant pay the insurance What should i do?
I would sell the car. If they wreck then you still have to make the payments and then no one has the car.
How do you sell a coin for the most money?
Find someone that really wants what you have.
Can the cosigner sell the house if his name is not on the deed and the primary borrower has missed 3 payments?
No. If you are not on the deed, you can't sell the property. The only "right" you have as a cosigner is the obligation to make the payments.
How do you sale a car on payments?
Very bad idea. Never, ever, sell someone a car and let them make payments to you. If they cannot get a loan from a bank or financial institution this proves they are not a good credit risk. You may end up not getting any money and then having to go through the legal hassle of trying to repossess the car. Sell the car to someone who can pay you cash.
A person has a car and cannot afford it anymore and wants his friend to have car and take over the payments. However his friend lives in a different state. What state does the insurance have to bein?
Which ever state the driver lives in. But more important, the friend needs to have the car titled in his name. I sell cars, and have for 15 years. I can't tell you how many times I've seen people's credit ruined by trusting someone else to make their payments. Guess who is responsible for late payments or a repo? Not to mention the friend being in a car accident and someone gets hurt. Get your friend to get his own finance company and sell the vehicle outright.
Can you sell your car with payments left on the loan?
Someone cannot sell his car if there are still some pending payments on a loan. It is however possible to enter an agreement with the financier so that the remaining payments can be financed by part of the proceeds from the car sale. An extra interest payment may be charged for that.
What your firearm is worth?
Depends on what it is, how bad you want to sell and how bad someone wants to buy it.
How long after a reposession can you reclaim a vehicle?
Up until the day they sell the car. As long as you pay the repossession fees and make up all back payments plus any administrative charges. That is if the lender agrees which they do not have to do. You broke the contract when you failed to make the payments on time so they can refuse the payments and sell the car.
Can a bank sell your vehicle the day after it is repossessed in Alabama?
Depending on how many payments your behind. If you are behind a great margin I think they would to try to make back the money lost but if you're one or two payments behind they will give you a chance to catch up and if you fail to make any payments after they contact you they will sell.
