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Okay i bought this truck and now i realize that the notes are to much and i 'am about 5,000 upside down on the note what can i do about this and sale and clear my name on it it"s a 03"ford f150 ex ccab xlt red with sun roof in houston tx.

2006-06-16 12:24:34 · 4 answers · asked by lovlisuzy51880 1 in Cars & Transportation Buying & Selling

4 answers

I am assuming that the dealer hold this note with the Ford Financing and that the interest reates are steep. 1st i would try talking to the saleman of the truck and see if he could take it back and put you into another more econical vehicle. This time with payments you can handle.
You could sell it, but you will still be out the $5000. Maybe you can go to a new bank to see if they cen refinance and maybe add a year or more to lower the payments? Maybe the dealer can do this for you?
Maybe you will get lucky and the truck will be stolen when you go out tonight.then the insurancce company repays the debt for you?
Good Luck

2006-06-16 12:35:35 · answer #1 · answered by mailbox1024 7 · 0 0

suzy, it sounds as if you were screwed initially when you made the deal,, if you are not buyer smart this can happen easily without you realizing it until its too late,, you can try to sell it or trade out of it,, some dealers in Houston might help you,,wait toward the end of the month when they have to make their quotas,, you will find someone to get you out of it !!

2006-06-16 19:49:28 · answer #2 · answered by john l 5 · 0 0

5000 good

2006-06-16 19:29:02 · answer #3 · answered by sony19390 2 · 0 0

sell it

2006-06-16 19:28:07 · answer #4 · answered by pinky 3 · 0 0

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