|
Well, when your sister brought the car she could have brought insurance that would have frozen the payments in the event she became unemployed, I have done that before.
How much is the difference between what is owed and what the value of the car is?
That could also factor in to the situation, keep in mind that paying off a loan as a lump sum usually equates to less to pay then the amount you're paying off over 'X' number of months.
She needs to contact the finance company and find out what the settlement amount is on her car, that will tell her how much the real difference is if she were to sell the car and hand over the money instead.
|