I only have about $2618.00 left to pay on it with Ford, and of course I don't have the title until its paid off. I know I don't have many payments left, but I just want to get done with the payments, because I just recently transitioned into a stay at home mom, and my husband said he can just use my car. His car is the one that has 6-7 payments left. I mean even if someone handed me the $2618.00 to buy it, we would still have to work something out with Ford for the title or something. Can anyone pease tell me how to sell this car with remaining payments left on it?!
2007-03-14 06:32:04 · 6 answers · asked by SAL H 1 in Cars & Transportation ➔ Buying & Selling
Most people understand if you still owe on a car. Any car if you still owe on it - the title is with the loan company.
Type up a contract - saying the Joe Smith agrees to buy the 1995 Ford Thunderbird for $5,000 "as is". Car will be paid off through sell and Joe Smith will receive title to vehicle within 10 working days. sign and date at the bottom, both seller and buyer. Make sure you have two copies signed (one for your files and one for buyer)
Something like that. I just sold my car with same situation - and it was no problem
2007-03-14 06:37:34 · answer #1 · answered by totalstressor 4 · 0⤊ 0⤋
Yeah you sell it then you have to get a lien release from the creditor, basically with the money that you get for the car you use it to pay Ford Credit, then once that is done you get the title and transfer it to the new owner! If the new owner wants to finance it then they will take the title to the bank and the bank will keep it until it's paid off, very simple.
2007-03-14 06:37:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
honestly save the Honda. The Fusion has unfavourable protection rankings and that's in undemanding words a poorer high quality automobile average. The Honda Accord has the bottom depreciation of any automobile you should purchase, it truly is, it keeps more beneficial of that's fee than some thing else. save it for particular. The Ford is a nightmare of unreliability and crap high quality and a 2007 Ford Fusion will likely land up being truly truthfully worth a similar or decrease than the Honda once you're waiting to promote. A Honda Accord isn't even close to to being "pushed into the floor" at one hundred,000. Accords with one hundred and fifty,000-2 hundred,000 miles and dealing nicely are particularly undemanding. see you later because that's maintained suited and not in any respect abused you would possibly want to emphasize that Accord for yet another 5-6+ years honestly.
2016-12-02 00:07:09 · answer #3 · answered by thetford 3 · 0⤊ 0⤋
either pay off the car and Ford will send you the title that you can transfer to the new owner; or, strike a deal where they assume the rest of the payments and Ford can transfer title to them once the car has been paid off.
2007-03-14 06:37:31 · answer #4 · answered by zeke58 3 · 0⤊ 0⤋
if you paid the remaining balance on the car you would be issued the title without the lien holders info on it. or you could just sell it for some money and have the buyer take over the remaining payments.
2007-03-14 06:36:26 · answer #5 · answered by Jonathon D 1 · 0⤊ 0⤋
Ford Credit can. Contact them.
2007-03-14 06:36:40 · answer #6 · answered by Ralfcoder 7 · 1⤊ 0⤋