how can i sell my car, if I owe more than it's worth?

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how can i sell my car, if I owe more than it's worth?

2007-07-29 23:14:24 · 4 answers · asked by salvador R 1 in Cars & Transportation ➔ Buying & Selling

4 answers

You would have to pay the difference to the lien holder to get the title to the new buyer.

2007-07-29 23:18:57 · answer #1 · answered by regerugged 7 · 0⤊ 0⤋

Now that's a real problem, isn't it? In order to sell your car to anybody else, you have to first pay off the loan to get the lender to release the lien on the title. You need to have a clean title in order to transfer ownership.

2007-07-30 01:23:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋

You take the hit. Unless you think you can somehow sell it for much more than it's worth. You know the answer to this question.

2007-07-29 23:19:10 · answer #3 · answered by Anonymous · 0⤊ 0⤋

paint it red

2007-07-29 23:20:07 · answer #4 · answered by BOB H 4 · 0⤊ 1⤋