I owe $6K on my car. I hate it. Should I sell it private? Dealer? Why? Please only honest answers, I am stressing out!
2006-10-26 06:25:05 · 6 answers · asked by billiejoe4me 3 in Cars & Transportation ➔ Buying & Selling
its ok to still owe, but the main thing is how much the dealer will give you for it. you could sell it private but it might take a long time. if you owe 6 and they want to give you 7 then its a good deal because then you could use the extra 1 to put down on your car.
2006-10-26 06:30:50 · answer #1 · answered by glasses 2 · 0⤊ 0⤋
Try to sell it private first. If not success, you can trade it in, and what you owe will be written into the new loan.
Research prices to ask at kbb.com or edmunds.com
Shop around and see what dealers will give you more for your trade.
2006-10-26 06:28:47 · answer #2 · answered by wvucountryroads 5 · 0⤊ 0⤋
Well, first you could buy a new car, trade your current car in, and have the remaining balance put on your loan, or, you can sell it private by having the buyer pay you $500 cash, and take over payments.
As far as I am concerned though, you are buried in that car.
2006-10-26 06:29:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
sell it for what you owe on it a dealer isnt gonna give you that much for it. makes youre credit better 2
2006-10-26 06:28:53 · answer #4 · answered by james w 3 · 0⤊ 0⤋
Sell it private first to see if you can get that much for it. If not it is better to trade it in on something you like. Good luck!
2006-10-26 06:27:32 · answer #5 · answered by aimstir31 5 · 1⤊ 0⤋
Do you have auto insurance??? Park it some place far, and report it stolen!
2006-10-26 06:26:58 · answer #6 · answered by Anonymous · 0⤊ 2⤋