Question:
I want to sell my motorcycle but I still owe 6 grand on it, and I NEED something bigger and faster. Is there anyway I can sell it outright? I owe more than the nada value of it, which really sucks but I'm willing to take the $2500 loss if I can upgrade. I don't want to do a trade in though because the dealer is only offering me $2500 trade-in value on it. It's a 2006! I can't justify that. Any ideas would be greatly appreciated.
Answers:
Which car sould I get?
Yes. Say you sell it for $7,000. You and the buyer go to the bank who is financing it for you and you use the buyer's $7,000 to pay off the $6,000 loan. Then the bank gives you the title. You sign it over to the buyer on the back of the title and keep the extra $1,000. Obviously, if it's financed with a company out of town, you will have to contact them to make arrangements, but the process is the same. If you sell it for less than is owed by you to the bank, you take the sale price and enough of your money to put with it to pay off the loan and the banker gives you the title. At a dealership, all this is handled for you.
Could anyone help me run this VIN check? Urgently Need To Know if I am making the right choice?
you can sell the bike, Either the buyer will have to asume the loan, or get his own loan and pay you for it.
I need help with car insurance please!?
Find someone willing to pay $4,000 for it. Take them to the finance company with you and you pay the difference of what they are willing to pay and what you owe. That's the only way.
More Questions & Answers ...What do you do if you're selling your car and a person test driving it wrecks it?
How much do i have to pay before i can send my car back to vauxhall?
Where could I find a blue book price for my Dutchmen 26' classic camper.?
4>Do you have an estimation of the V-belts/ V-Pulleys market? How do you expect to develop and why?
I wanna buy a electric scooter in india.Please suggest me a scooter from yash or yo bykes?
Affordable Cars?
What happens when you hide a car when its up for repossesion?
What kind of car goes as a sports car for the insurance??
If you buy a used car and finance it, can you later sell it before its payed off?
How much is my Toyota Corolla Sportif worth? It's a 3 door hatchback, 1332 cc, 126000 miles on the clock?
This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.
Copyright 2006-2008-2007 CarQnA.com. All Rights Reserved.