How do you sell a car thats not paid off?

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  • playersonly69
    SBR Posting Legend
    • 01-04-08
    • 12827

    #36
    COBALT, how much do you owe on the car?
    Comment
    • cobalt king
      SBR MVP
      • 12-20-08
      • 1584

      #37
      Originally posted by Carseller4
      You are correct. If I had $8,000 I wouldn't buy an 8 year old car. I'd put that money down on a newer one.
      exactly which is why I said 2 dimes and not eight, everyones getting real into the car instead of the question of how to get rid of the car, I dont wanna make the payents and I dont want to drive it to california, just thought I would get some suggestions out of a knowledgable group of people.... guess everyones just gonna bash me and the car.
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #38
        Originally posted by cobalt king

        if theres a legal way to get rid of it and profit at all thats ideal.

        and the cow jumped over the moon

        you are upside down on the loan... NO WAY to may a legit profit
        Comment
        • playersonly69
          SBR Posting Legend
          • 01-04-08
          • 12827

          #39
          Why does this sound so much like a thread that DOUG might make?
          Comment
          • windwind
            SBR Wise Guy
            • 07-21-10
            • 597

            #40
            call ur dealer have them sell it for you. but it takes awhile.
            pay if off and sell the car urself
            negotiate with ur buyer but most likely ppl will just walk away.
            Comment
            • cobalt king
              SBR MVP
              • 12-20-08
              • 1584

              #41
              Originally posted by playersonly69
              COBALT, how much do you owe on the car?
              With interest the loan was for 9,000. I put 1,800 down and made a couple payments of 260 a month so Id say I owe like 6,500
              Comment
              • playersonly69
                SBR Posting Legend
                • 01-04-08
                • 12827

                #42
                Just drive to the hood and some XXXXXX will give you cash for it. They may only offer $1500 cash though without the title
                Comment
                • GatorTD
                  SBR Sharp
                  • 02-13-10
                  • 453

                  #43
                  The only legit option is the self-explanitory one. Find a private buyer who is willing to pay the cost of your loan plus what you want to pocket extra. There's no magical trick outside of fraud.
                  Comment
                  • playersonly69
                    SBR Posting Legend
                    • 01-04-08
                    • 12827

                    #44
                    Originally posted by cobalt king
                    With interest the loan was for 9,000. I put 1,800 down and made a couple payments of 260 a month so Id say I owe like 6,500

                    OH SHIT! You bought this piece of shit used?? I assumed that you bought it brand new. One thing is for sure, you will NEVER get more than $5000 for this car.


                    SO go to the ghetto and accept $1500-2000 cash
                    Comment
                    • ryanspeer2001
                      SBR MVP
                      • 03-30-08
                      • 3149

                      #45
                      Originally posted by playersonly69
                      Just drive to the hood and some XXXXXX will give you cash for it. They may only offer $1500 cash though without the title
                      This.


                      Some foreign pizza delivery guy will take it off of you for pennies on the dollar.
                      Comment
                      • cobalt king
                        SBR MVP
                        • 12-20-08
                        • 1584

                        #46
                        Originally posted by playersonly69
                        Just drive to the hood and some XXXXXX will give you cash for it. They may only offer $1500 cash though without the title
                        Ha. that sounds like a great way to actually get it stolen/get shot.
                        Comment
                        • Sam Odom
                          SBR Aristocracy
                          • 10-30-05
                          • 58063

                          #47
                          Originally posted by playersonly69

                          Just drive to the hood and some XXXXXX will give you cash for it. They may only offer $1500 cash though without the title

                          10c on the dollar at best but cobalt is still on the hook for the loan
                          Comment
                          • mtneer1212
                            SBR MVP
                            • 06-22-08
                            • 4993

                            #48
                            Voluntary repossession would be the right thing to do....... or drive it to California. It would be months before they would find you......
                            Comment
                            • playersonly69
                              SBR Posting Legend
                              • 01-04-08
                              • 12827

                              #49
                              Originally posted by cobalt king
                              Ha. that sounds like a great way to actually get it stolen/get shot.

                              Well you actually want to get it stolen anyway I think
                              Comment
                              • cobalt king
                                SBR MVP
                                • 12-20-08
                                • 1584

                                #50
                                Originally posted by playersonly69
                                OH SHIT! You bought this piece of shit used?? I assumed that you bought it brand new. One thing is for sure, you will NEVER get more than $5000 for this car.


                                SO go to the ghetto and accept $1500-2000 cash
                                I know I wont get much ive been saying that since my first post, and while the ghetto thing sounds great driving around camden hollering chevy for sale out the window doesnt seem like a good idea to me
                                Comment
                                • Sam Odom
                                  SBR Aristocracy
                                  • 10-30-05
                                  • 58063

                                  #51
                                  drive it to cali. you gotta get there somehow

                                  do a deal with a mexican. he will drive it to T.J.

                                  Report it stolen
                                  Comment
                                  • cobalt king
                                    SBR MVP
                                    • 12-20-08
                                    • 1584

                                    #52
                                    Originally posted by mtneer1212
                                    Voluntary repossession would be the right thing to do....... or drive it to California. It would be months before they would find you......
                                    thats the thing driving there costs 500 in gas and you gotta stay in at least 2-3 hotels and eat 10 times and pay tolls and such it all ends up being like a dime which I dont have, when a train ticket to get out there is like 310.
                                    Comment
                                    • cobalt king
                                      SBR MVP
                                      • 12-20-08
                                      • 1584

                                      #53
                                      Originally posted by Sam Odom
                                      drive it to cali. you gotta get there somehow

                                      do a deal with a mexican. he will drive it to T.J.

                                      Report it stolen
                                      Hmmm not a bad plan except I dont have the dough to get out there.
                                      Comment
                                      • Sam Odom
                                        SBR Aristocracy
                                        • 10-30-05
                                        • 58063

                                        #54
                                        Originally posted by Sam Odom
                                        drive it to cali. you gotta get there somehow do a deal with a mexican. he will drive it to T.J. Report it stolen
                                        Originally posted by cobalt king
                                        thats the thing driving there costs 500 in gas and you gotta stay in at least 2-3 hotels and eat 10 times and pay tolls and such it all ends up being like a dime which I dont have, when a train ticket to get out there is like 310.

                                        dude... you want to do a dirty deal without getting you hands dirty
                                        Comment
                                        • GatorTD
                                          SBR Sharp
                                          • 02-13-10
                                          • 453

                                          #55
                                          Like I said. Private buyer who pays loan plus extra. No other legal way. You can't sell and profit off things that aren't yours.
                                          Comment
                                          • cobalt king
                                            SBR MVP
                                            • 12-20-08
                                            • 1584

                                            #56
                                            Originally posted by Sam Odom
                                            dude... you want to do a dirty deal without getting you hands dirty
                                            its not what I want but cali is the only place where I can live, I have til the end of the month to get there, I lost my job and I have no money to drive there or I would, I tried getting loans just for the money to get out there but I have bad credit and no income. the last few months have flipped my life upside down and my only support system in in cali. but they cant afford to get me a ticket out.
                                            Comment
                                            • cobalt king
                                              SBR MVP
                                              • 12-20-08
                                              • 1584

                                              #57
                                              Originally posted by GatorTD
                                              Like I said. Private buyer who pays loan plus extra. No other legal way. You can't sell and profit off things that aren't yours.
                                              Thanks I will look into this, I dont know who will want to Pay the rest of the loan out plus give me cash on top but I will try I appreciate an actual suggestion
                                              Comment
                                              • Doug
                                                SBR Hall of Famer
                                                • 08-10-05
                                                • 6324

                                                #58
                                                Originally posted by playersonly69
                                                OH SHIT! You bought this piece of shit used?? I assumed that you bought it brand new. One thing is for sure, you will NEVER get more than $5000 for this car.


                                                SO go to the ghetto and accept $1500-2000 cash
                                                How long would that loan term be ?

                                                Car is probably worth what owed or likely less....no equity in it ( IMO).

                                                It's a liability, not an asset ( IMO)

                                                How did you get this loan ?

                                                keep it if you can afford it, you'll still need a car, won't you ?

                                                nothing to cash out here, at best you walk away even ( IMO).
                                                Comment
                                                • Sam Odom
                                                  SBR Aristocracy
                                                  • 10-30-05
                                                  • 58063

                                                  #59
                                                  Originally posted by cobalt king
                                                  its not what I want but cali is the only place where I can live, I have til the end of the month to get there, I lost my job and I have no money to drive there or I would, I tried getting loans just for the money to get out there but I have bad credit and no income. the last few months have flipped my life upside down and my only support system in in cali. but they cant afford to get me a ticket out.

                                                  i've been there (several times) Life of a gambler

                                                  probably at a much older age than you are now
                                                  Comment
                                                  • Doug
                                                    SBR Hall of Famer
                                                    • 08-10-05
                                                    • 6324

                                                    #60
                                                    Originally posted by cobalt king
                                                    its not what I want but cali is the only place where I can live, I have til the end of the month to get there, I lost my job and I have no money to drive there or I would, I tried getting loans just for the money to get out there but I have bad credit and no income. the last few months have flipped my life upside down and my only support system in in cali. but they cant afford to get me a ticket out.
                                                    I'm not trying to be a wiseass or anything....a Greyhound bus ticket or maybe drive a car there for somebody needing it moved ?

                                                    your car has no value.
                                                    Comment
                                                    • SoCalFisher
                                                      SBR Wise Guy
                                                      • 01-22-09
                                                      • 769

                                                      #61
                                                      You dont need a car when you get to Cali?
                                                      Why cant you drive it to Cali, or is $ needed just to get here?
                                                      Comment
                                                      • cobalt king
                                                        SBR MVP
                                                        • 12-20-08
                                                        • 1584

                                                        #62
                                                        Originally posted by Doug
                                                        I'm not trying to be a wiseass or anything....a Greyhound bus ticket or maybe drive a car there for somebody needing it moved ?

                                                        your car has no value.
                                                        thats not wise its a good idea driving someones car there thanks for that.
                                                        Comment
                                                        • InTheDrink
                                                          SBR Posting Legend
                                                          • 11-23-09
                                                          • 23983

                                                          #63
                                                          Make a copy of a key

                                                          Insert new key and turn on vehicle

                                                          Drive vehicle to nearest hood

                                                          Get out of vehicle and leave it running

                                                          Go home

                                                          ???????

                                                          Profit
                                                          Comment
                                                          • cobalt king
                                                            SBR MVP
                                                            • 12-20-08
                                                            • 1584

                                                            #64
                                                            Originally posted by SoCalFisher
                                                            You dont need a car when you get to Cali?
                                                            Why cant you drive it to Cali, or is $ needed just to get here?
                                                            no i wont im gonna be crashing with my mom for a while just to see what its like out there and I dont hae a job lined up out there to keep paying the loan and I also need the money to get there is the main thing
                                                            Comment
                                                            • Sam Odom
                                                              SBR Aristocracy
                                                              • 10-30-05
                                                              • 58063

                                                              #65
                                                              i just did a web only greyhound fare from Philly to L.A

                                                              leaving 25th Oct

                                                              211.00 one way
                                                              Comment
                                                              • cobalt king
                                                                SBR MVP
                                                                • 12-20-08
                                                                • 1584

                                                                #66
                                                                Originally posted by Sam Odom
                                                                i just did a web only greyhound fare from Philly to L.A

                                                                leaving 25th Oct

                                                                211.00 one way
                                                                Thanks for the research so say i can scrounge up that plus a little extra for food i still cant just leave the car here to rot? Just give it back I guess and lose out on the 2,000 plus I have into it
                                                                Comment
                                                                • Sam Odom
                                                                  SBR Aristocracy
                                                                  • 10-30-05
                                                                  • 58063

                                                                  #67
                                                                  Originally posted by cobalt king

                                                                  i still cant just leave the car here to rot? Just give it back I guess and lose out on the 2,000 plus I have into it




                                                                  yep , dont do something illegal

                                                                  seems you need to 'start over' , dont begin anew with the law looking for you
                                                                  Comment
                                                                  • cobalt king
                                                                    SBR MVP
                                                                    • 12-20-08
                                                                    • 1584

                                                                    #68
                                                                    Originally posted by Sam Odom



                                                                    yep , dont do something illegal

                                                                    seems you need to 'start over' , dont begin anew with the law looking for you
                                                                    you right! It stings letting go of the 1,800 I just put down on it a few months ago when I had a good job, I could of used that money to get out there in style but you live and learn I guess, Maybe if I can find someone who wants to go and split the costs I can take the car and if I find a job there quick I can get on a payment plan.
                                                                    Comment
                                                                    • Doug
                                                                      SBR Hall of Famer
                                                                      • 08-10-05
                                                                      • 6324

                                                                      #69
                                                                      Originally posted by cobalt king
                                                                      thats not wise its a good idea driving someones car there thanks for that.
                                                                      tough thing is finding that gig !

                                                                      Why would/ should I trust you to deliver my car there ?
                                                                      Comment
                                                                      • cobalt king
                                                                        SBR MVP
                                                                        • 12-20-08
                                                                        • 1584

                                                                        #70
                                                                        on a good note my mom lives about 10 minutes from the reno nevada border where there is legal sports betting and I wont be too far from next years bash :-) so anyone who wants to bet live in vegas/reno I except ** or WG hahaha!
                                                                        Comment
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