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sell a car under loan?

This is a discussion on sell a car under loan? within the General Chat forums, part of the Main Category category; hi there, I have a car that still under loan for two more years. Just curious, how can I sell ...





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Old 06-14-2008, 03:04 PM   #1
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Join Date: Jun 2008
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hi there,

I have a car that still under loan for two more years. Just curious, how can I sell it? shall I call up my credit union to solve the issue? but I have been paying the loan for 3 years already and the KBB price of the car currently is higher than the loan. Can I sell it privately and pay off my loan?
Any help is appreciated!
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Old 06-14-2008, 03:06 PM   #2
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Join Date: Jun 2008
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When you sell the car you would be responsible for paying off the remainder of the loan from your credit union. People do this all the time.
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