Automotive Forums .com - the leading automotive community online! Automotive Forums .com - the leading automotive community online!
Automotive Forums .com - the leading automotive community online! 
-
Latest | 0 Rplys
Go Back   Automotive Forums .com Car Chat > Car Buying Q & A
Register FAQ Community Arcade Calendar
Car Buying Q & A Ask a question, get an answer; it's that simple. Visit AutomotiveHelper.com for useful car buying tools and research. Also, check out Vehicle History Reports to help you avoid chances of finding a lemon.
Reply Show Printable Version Show Printable Version | Email this Page Email this Page | Subscription Subscribe to this Thread
 
Thread Tools
Old 01-19-2014, 02:06 PM   #1
catlover 25
AF Newbie
 
Join Date: Jan 2014
Location: Nacogdoches, Texas
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
How to sell car while still making payments

I am recently divorced and I have our car while my ex has about 2 yrs to pay it off. It is a 2006 Mercury Grand Marquis with about 100,000 miles on it. I am thinking of moving out of state within the next 6 mos to a year. Living on a low income this car would a source financially to help me move as I plan to live in a place to use public transportation.

My question is: I don't want to have to wait until the car is paid off to sell it. By that time it is not going to be worth anything. It is in very good condition now but I know I would not be able to get a lot for it nor do I know how I would go about selling it. The Kelly Blue Book Value for it is around $5600. Not sure if it is good or very good condition. I believe the payments are $200/month so that means $4800 is still owed on the car. Does this mean someone would pay me a certain amount of money and then take up payments? So right now I would be looking at if I am lucky getting just about $1000 for the car. I will need to check again to see exactly how many payments are left on the car.

I just hate to wait real long until the car devaluates even more. Thanks, I would appreciate any suggestions.
catlover 25 is offline   Reply With Quote
 
Reply

POST REPLY TO THIS THREAD

Go Back   Automotive Forums .com Car Chat > Car Buying Q & A


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:02 AM.

Community Participation Guidelines | How to use your User Control Panel

Powered by: vBulletin | Copyright Jelsoft Enterprises Ltd.
 
 
no new posts