I have seizures amd my dr reported to the dmv about my condition. I will not be able to work as much now and won't be able to afford the car. I can't sell because I owe more than the car is worth, ( having just bought it of course). What else can I do?
2006-10-21 10:20:05 · 9 answers · asked by fortfox6 2 in Cars & Transportation ➔ Other - Cars & Transportation
I have worked in the auto busines for 30 years and most of the time as a sales or finance mgr. Trust me, there is no easy answer for you. First thing is to verify your payoff throught the finance company carrying your contract and discuss the options that they can offer to you. More than likely, you will need to sell this yourself. If you want to receive maximum money for your vehicle, locate a reputable consignment lot that will sell your car for for a flat fee not %. The reason for this is that your car has a higher book value on a lot than in front of your house. Has to do with availability to financing and trade in's toward your car etc. The Kelley book value usaully varies at least $2000 from Retail(lot) vs. Private party value. Could be the difference between walking away clean or not. The best of luck.
2006-10-21 10:45:37 · answer #1 · answered by Big Dog03 3 · 0⤊ 0⤋
I also have seizures and my license was pulled. I made the mistake of telling the doctor about it. Anyway I would try to sell the car. As of Nov. 1 my wife looses hers too. She is diabetic reaction while driving. We own a car and a pickup and our house, but we are 15 miles from a town. I suppose it is that time in our life to consider an adult care center. I can go to a geriatric's ward at the VA, but then she would have to go to a rest home and we would be apart. All I can suggest is to try and sell it. Getting out of your loan does not help your credit. Take your vehicle to one of those detailers and have them clean it up good, I have even seen them sell vehicle for people. My neighbor advertised on eBay and got 8 times what someone else had offered him.
2006-10-21 10:33:27 · answer #2 · answered by Thomas S 6 · 0⤊ 0⤋
did you buy it from a dealer? Call and talk to him, maybe they will sell it for you on the used lot. The problem with having someone take over the payments is if they get into a wreck and didn't carry full insurance you will be stuck for those payments. Also you have heard never sell or buy anything from a friend or family member, you hear those things for a reason. It goes bad too often and damage's the relationship. Good Luck I do know the feeling I have not been able to drive since 1995
2006-10-21 10:33:26 · answer #3 · answered by Nani 5 · 0⤊ 0⤋
Sell the car and pay off the balance. The only other option is to go to your lender (phone call) and negotiate a "key return" you give them back the car without them repoing it. You will need to pay off the difference in what they sell it for and the balance but it will save your credit in the future.
2006-10-21 10:31:04 · answer #4 · answered by my_iq_135 5 · 0⤊ 0⤋
Unless you're wanting a repossession on your credit, try to sell the car.
If it's not worth what you owe, you might have to make up the difference.
If you let it go back to the bank, they will sell it at auction and sue you to recover the difference between the selling price and what you owed, plus fees.
2006-10-21 10:29:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
sell the car
2006-10-21 10:29:24 · answer #6 · answered by robert899295 3 · 0⤊ 0⤋
Selling is really your only option.... things aren't always fair - sometimes you eat the bear and sometimes the bear eats you.... you may have to take a hit on this.
2006-10-21 10:25:25 · answer #7 · answered by longhats 5 · 0⤊ 0⤋
sell it to break even...that means just have someone take over the payments to your car...do it with contract though or you could lose big time
2006-10-21 10:24:42 · answer #8 · answered by Anonymous · 0⤊ 0⤋
No, no longer unlawful, yet there greater effective be yet another variety of identity that the salesclerk can adventure the call signed on the place of work work to the face in front of him/her or that may no longer going on...nevermind no longer being criminal to rigidity.
2016-11-24 21:34:46 · answer #9 · answered by paschal 4 · 0⤊ 0⤋