Your best option will be to sell the car to someone else (be sure check clears first, before you give them the title :) but no, there is no return policy where the bank will give you the money back. You sell the car, collect the money, then write off the balance to loan.
Try craigslist.com - you have to be careful who you deal with, use common sense, make sure check clears before handing over the title and just be extra careful, but I have had great luck with posting things up there to sell quickly. Good luck!
Welcome New User! ( Create Account | Sign In )
Question
Submitted 328 days ago...
How to get out of car loan?
I financed a used car through a bank, purchased about a month ago. I now have an opportunity to live in the country of Panama. So I want to know if I can just let the bank have the car and if I would then be totally free of the loan? I found that I can not take the car out of the country while it is being paid off. Thank you.
Answers
Answer 1 / 4
Submitted 328 days ago...
Answer 2 / 4
Submitted 327 days ago...
I agree, you need to sell your car. you can't just give the car back to the bank.
craigslist or ebay are two places you could sell it. or the local paper.
the only thing is, after a month you might be upside down in your loan and might end up owing more then what you would get for selling it.
Answer 3 / 4
Submitted 61 days ago...
Answer 4 / 4
Submitted 23 hours, 43 minutes ago...
Answer This Question Now
If your Answer is chosen as the “accepted” answer, you will earn ongoing royalties on
this thread.
Simply type your Answer in the box below and post your answer.
Related Questions
Related Questions
Car dealer cannot find bank for loan after a month and a signed contract
My nephew got a car put 1500.00 down was told what his payments were going to be ,and after...
View Question
Take over payments
I have a vehicle that is still financed thru a financial institution. i decided to sell the...
View Question
Car title
I purchase a car about 7 years ago or more and i never received my title for the car. it...
View Question
Return a financed rv
I am 63 years and due to bells palsey attack last july 2007 have a double vision problem so...
View Question
I financed a 1999 blazer yesterday 3-29-08 i wanted to retund it dealer told me i could not i live in nashville,tn is anythin...
I financed a 1999 blazer yesterday 3-29-08 and i wanted to return it the dealer told me...
View Question
Co-signer on car loan
When my step-daughter turned 18, i decided to co-sign a loan for her to help her start to...
View Question
What can happen if i havent made a lease suv payment in a year?
I became delinquent on a new vehicle which i leased over a year ago. after the third month...
View Question
Any reinstatement laws for repossessed vehicles in florida>
I financed a vehicle last month puttin 4000.00 dn and did not make the first payment on time.the...
View Question
I want to turn a vehicle into the bank
I can not afford to pay 815.00 for my vehicle, the bank that has the loan also has my checking...
View Question
I live in ocala florida and want to have hho installed in my truck where are they?
I purchased a hho kit on line and need help on installation who can help
View Question
This Question has not been awarded yet.
About |
FAQs |
Contact Us |
Member Agreement |
Privacy Policy |
Site Map |
Advanced Search
Copyright © WebAnswers 2008. All rights reserved.
