2007-07-24 09:30:25 · 6 answers · asked by J 2 in Cars & Transportation ➔ Buying & Selling
I understand I'll end up losing money on it but just found something else I want. I don't mind coughing up a little dough but I'm just trying to find the most inexpensive option.
2007-07-24 09:47:30 · update #1
Find some poor sap who is willing to pay you what you owe for it. Good luck with that.
You'll probably get a moron or two who will tell you that you have 'x' amount of days or hours to return it. Ignore them, they don't know what they're talking about.
2007-07-24 09:34:43 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 1⤋
You can advertise it as almost new , mint condition , xxx miles etc , and maybe get a damn good price , but you are going to take a financial shellacking to some extent .
That`s the problem with buying a new car . You are paying a bundle for absolutely NOTHING except the for the privilege of being the first one to drive it . Not really worth it , is it ?
You`re much better off to buy a car that`s 6 months to a year old . This way you don`t pay shipping , dealer profit , or pay a couple or more thousand into the automotive workers` pension plan/health insurance etc .
2007-07-24 09:52:03 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Usually, you can't. Most car dealers will do everything possible to garantee that when you leave their lot, you are "upside-down" on the financing. THis means that the dealer will make sure that the amount owned on the car is always more than the depreciated value of the car.
2007-07-24 09:38:54 · answer #3 · answered by Niklaus Pfirsig 6 · 1⤊ 0⤋
Short of insurance fraud (and this only works if the car was financed and you have "gap" insurance), you can't. You have entered into a contract. Of course, as a side note, I decided the same thing on my car. Didn't make the payments, got it repossessed, spent 7 years rebuilding my credit...but....I never paid a dime. But then, I'm a stubborn, stupid person.
2007-07-24 09:40:37 · answer #4 · answered by Bruce J 4 · 1⤊ 0⤋
Sell it yourself, thats the way you will get the MOST for it. OR if it was totaled insurance would pay for it, then you could get a new one :) JK thats prolly not a good idea to try
2007-07-24 09:41:57 · answer #5 · answered by sweetgurl2504 2 · 2⤊ 0⤋
Your new car is now a used car. You'll lose money no matter what you do.
2007-07-24 09:37:51 · answer #6 · answered by Scott H 7 · 2⤊ 0⤋