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Reduce your spending in another area (eat cheap food, cut entertainment) and/or get a parttime job until your car sells. Try advertising online, with a clear picture. Put signs up in the grocery. Eventually, you will, at worst, be able to lower the price of the car to what it is worth to a buyer and owe no more than what it sells for and then you will be even. Otherwise, you risk your credit rating, which is not a good thing.
What else can I help you with?
You owe finance ona car but cant afford the repayments what can you do?
You should contact the finance company. Perhaps, you can make smaller payments and stretch out the loan or perhaps you can turn the car in and avoid them the trouble of repossessing the car in exchange for not having your credit ruined.
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.
Is it possible for me to sell a car that I am currently making payments on?
Yes, it is possible to sell a car that you are currently making payments on, but you will need to pay off the remaining balance of the loan before transferring ownership to the buyer.
You can no longer afford your 718.00 car payment What do you do?
sell your car and buy a moped they get 100 miles to the gallon
Is it possible to sell a car that you are currently making payments on?
Yes, it is possible to sell a car that you are still making payments on, but you will need to pay off the remaining balance of the loan before transferring ownership to the new buyer.
You want to surrender your car because you cant afford the payments?
Call your lender.
What can you do if you have a child on the way and your car payments are now too high to afford but you got a great rate at 2.9 when you bought the car?
Sell the car person-to-person. Never take it to a dealership to sell or trade, you almost never get what it is worth. If you cannot sell the car, try refinancing. You'll get a higher APR and pay more interest in the long run, but you can extend payments and keep your car (plus afford the payments). give the car back buy a 500 dollar special, spend the car payment on the kid
What happens if you have a baby on the way and have bad credit and have a high interest rate on your vehicle and cant afford it?
The best option would be to sell the vehicle for the equity you have (as in, the amount you have paid on it) and buy a reliable used car for cash with no payments.
You live in Florida you bought used car with an APR of 16 high monthly payments you have had the car for a year and you can not afford payments anymore Without ruined credit how can you get rid of car?
You have to sell the car. If you give it back, it will still look as a repossesion...a voluntary repossesion. You do not want someone to take over the payments,as there is no guarantee that the payments will be made on time. Sell the car or try to refinance the balance, it is the only way. Good Luck..
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.
I cant afford a car that is in my divorce decree and my ex has been making the payments for me i have to give it back to him and he's going to sue me for contempt of court can he?
If the car is yours and you can't afford it, either sell it or try and give it to the bank that has the loan. I don't see a contempt of court issue here since you are not doing anything in violation of a court order.
What do you do if you can not afford to continue making the car payments on the totaled car while making payments on the new car loan?
Sell the newer car and buy something cheaper. It's a bad idea to default on a loan and screw up your credit. Sounds like you overextended yourself financially!
What can you do if you cant make your car payment and any future payments?
what can you do when you cant make a car payment what can you do when you cant make a car payment
Where can I find a calculator that helps me determine how much I can afford on a car payment?
Yes there is. There are several sites on the internet that have calculators that can help you determine if you can afford the monthly car payments. They will also be able to tell you the in-tress on the payments.
What can you do if your car blows up while you are still making payments and you can't afford to make those payments and buy another car?
Depends on what you mean by
You cannot afford your truck payment can you sell it 2 dealer and get cheaper car?
i cannot afford my truck payment can i sell it 2 dealer and get cheaper car
Can you self repo your car?
Yes, you can self repo your car if you can no longer afford your car and is financially unable to pay the payments for your car.
