My car is worth $8500 but I still owe $5500. So how would I go about selling my car?

Answer 1

sell your car to a person who can finish the debt, and sell it for 3000 that way he will save 500, if you dont wanna do that, sell your car for 7800 pay de debt and you'll have some money left, the thing is that you gotta lose some, cause if not then the person who might buy it from you, can just go to the dealer and buy one himself, its called a deal.

Answer 2

Sell the car for 8500, pay off the 5500 loan and take the 3k towards a down payment on something else...

This way, the montly payment will be lower since you already knocked out 3k