Im upside down on a car loan and need to get rid of the car how can i go about doing that?

Question:
i already have another car and dont need this one and really wanting to get out of the loan of the 2nd car but realize im under by 4 grand still, any ideas out there how to get rid of this car

Answers:

Best place to get an auto loan. Not much credit.?

The oldest question in the book. The only way to "get out of it" is to pay it off. Good luck finding someone to pay 4k more than it is worth. Any other way will screw your credit. If you can afford 2 cars, I would suggest paying on it until you get down to what it is worth and sell it. If you can't, cut your losses now and let it get repoed.

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Burn it!

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Get a second part time job and apply all of your earnings towards the loan, pay it off and never get into an upside down situation again, it's very costly, doesn't look good on the credit report, and you are paying far more in insurance and the car payments.

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Good Day
I am a private lender/investor who is willing to lend some part of his money to the needs ,we got your ad from a search web that you need a loan.we would like to know the specific amount you needs regards financial help and i will get back to you asap. with my terms and conditions.Thanks... THIS IS SERIOUS, SERIOUS REPLY'S ONLY.
Bobby Wiseman (ITC financial Holdings)

I just turned 16 and i want to buy a new cool 4 door car can anyone please give me any ideas thanks?

I am Mr William Smith of Alan Loan Company.We goverment approved and certified lenders.Our company do offer loans ranging from personal to industrial loans to interested persons or companies who are seeking financial aid at a negotiable interest rates sometimes as low as 5%.Why should you die insilence when you have an opportuinity to clear your dept,start or boost your business with a loan from our company.so apply for a loan now.
Interested persons should contact us via these email addresses ideal_loanfinancier@yahoo.com noble_lenders@myway.com for more information.
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Can anybody tell me...Do you have to pay the interest on a car loan if you should decide to pay it off early?


SIR WILLIAM SMITH
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