Quote:
Originally Posted by bludhaven
The car was purchased via 5 year loan in 2008. it was a 5 year loan and has 1.9 years left on the loan. My father has been paying the car loan and cannot afford it so I am trying to sell the car.
How should I go about doing this? How much, in good condition, would my car be worth at this point? (great condition, 39k miles)
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You need to talk to your banker/furnace co. first and get the pay off amount and the best way to do that.
To get a clear title or lean released it will have to be paid off.
Also Some finance co and bankers will let some else take over payments.
The banker/finance or your insurance insurance co. can tell you how much it is worth.
The have car value books and car loan value and wholesale value books
To sell you can sell it to a used car dealer or have them run it threw a car auction at around wholesale/loan value price or try to sell it yourself.
To sell it yourself run a add in newspaper or car selling places on web like E Bay motors.
Or just stick a for sale sign on it.
And have at it selling it yourself.
Let us know how it goes.