Sell Car For Cash Knowledge Base
Is it legal to sell my car for cash then get a loan to buy it back? If I sell my car for $5000, I could pay off a credit card that has 21% interest rate. Then I would get a loan for $5000 to buy back the car. The loan would have a finance charge of 9% or so. Can I do this? I have someone already who is willing to do this. He will be handing me the $5000 that the loan company pays him after the deal is made, so there will be no actual transfer of car just transfer of title.
Should I sell my car for cash to a scraper? I have a 1995 Chevy Lumina that is hard to sell since rocker panels are corroded. I had 6 people look at car and they didn't like these rocker panels. Junk yards will pay up $225 for car. I read where scrap prices are up now. A guy I work with thought I could get $600 for my car as scrap. Should I expect to get anymore for car through a scrap yard or should I sell it to a junk yard?
Where is the best place to sell a car for cash in San Antonio? I don't want to sell my car for $500 at a junkyard or for $1,000 at CarMax. I already looked at KBB.com and its worth more than 2,000. CarMax told me they could give me $1,000 based on car auctions and I had a person who buys cars from auctions all the time and looked it up; he told me $2,300. I heard of CarMax ripping people off.
What should I know about car for cash service? There are a lot of car for immediate cash payment services around the town. Are those reliable? What should I be aware of? Any tips to sell car immediately? I would love to sell my car asap because I need some cash :) Your response is greatly appreciated.
How do I sell my car for a cash value? I'm just wondering how is it possible to sell my car right away for cash value without having to worry about finding someone and advertising yourself? IN CANADA ONTARIO
Does anyone know where I can sell my car to get some quick cash? im really in need of sum cash, I have a car which was a cat d repaired and now it has some faults. The MOT has expired and Tax is still end of this month, I know I probably wont get that much for it but where could I take my car to get cash for it straightaway, It will take too long to put in auto trader or take to an auction, pls help there must be an alternative to sell I desperately need the cash, I live in leeds, North East. Thank you
how do i sell my car for cash? my fiance's car is registered in florida but he's had it up here since he was in the army and has not registered it in washington state. we are now moving to alabama and want to sell his car since his is the older one & we don't use it often. how do we go about selling it, through say a dealership or something and do we have to fill out paperwork? it's currently not insured it just sits in our parking lot and we only owe about $3k on it... its a 2004 mazda6
How to sell my junk car for cash in Florida? I want to know how to get the most out of my 1995 Ford Probe. It has been good to me over the past 2 years, then I wrecked it and I wanted to junk it for as much as possible to buy another Probe. Thanks for your help!
I need to sell an old car for cash quick, which company should i trust? My boyfriend has this old car sitting in the back of his house because he got a nicer one a while back. It still works, and has a few problems but altogether not a bad car. He is adopting a dog soon and needs the money for the adoption fee. Is there a company we can trust to get him at least $250 for his car? its a volkswagon fox, 90 or 92 cant quite remember, with minor damage/ issues
What are some non essential part you can sell off of your car for cash? I'm looking to enter a car in the 24 Hours of LeMons race and one of the rules is that the car cannot be worth more than $500 but you can use any money gained from selling parts from the car to purchase other parts for it. Could selling A/C parts work? Also, what would be the best place to sell car parts.
I just paid off my car today -- Kelly Blue Book value is $8,000. If I sell my car for cash....? could I pay off old debts, and some current ones, which total about 6 grand. I have bad credit....550; but mostly from old accounts. I have had 3 30 day late payments in the last year. I make a good living and know that a relatively small amount of money is holding me back. If i sell my car and pay off my debt, will my credit score improve greatly overnight??? In my theory, I would get a new car asap ( I obviously need one!) with a great rate, and be in a great position credit wise? Is this even an option or just crazy?? Thanks so much for anyone who can help me out. thanks for answers so far....I thought it was crazy, but just making sure. I totally plan on paying down debt, getting a tuneup for my car, and hoping it lasts for years!
How can I sell my used 2005 car without the tile to my friend who is short on cash? I just bought a newer used car from 2005 at the toyota dealer and I got the loan through them. I bought the car for $12,800 total with taxes and I put $2,000 dollars down when I bought it. So now I owe about $11,000 on it. I would like to sell it to a friend for $12,000 and make back about a $1,000 on it. This way I'll only end up loosing the $800. He doesn't have enough money so he would have to take out a loan from somewhere himself, but I think he has good credit. Anyway, the problem is that I don't have the title since the car isn't paid off yet and I owe the dealer money, not a bank, since the loan was taken out through them. What are the steps I have to take to sell this car to my friend who is also short on cash himself, but still has good credit? Also, how hard would it be to sell this car to a stranger if my friend decides to back out of it since I don't have the title? What about selling it to CarMAX? I heard that they take care of all the financial mumbojumbo for you.
Can I sell the car I bought with "cash for clunckers" program? It was a great program, but due to financial harship, I can no longer even keep this car. Does anyone know if I can sell it? I think I remember reading that you must keep the car for at least a year, but I cannot find this info anymore. Thank You!!
deal to sell a car by taking cash and notarizing a car bill of sale.? Hi, I have put my car for sale in NJ and this guy from PA calls me that he is interested in buying my car. And he can pay me only in cash. And also since he is in PA and the car is in NJ, he suggested that after I take the money, sign a car bill of sale and get it notarized. Remove my plates, handover the car and title to him. He will take the title and car to PA and get the car registered on his name. Everything looks perfect and I feel it will be done all legally as its notarization. Could you pleade advise me if I am falling into some scam or if there is any legal loophole in this. 1. Can I sell my car for full cash? Do I need to get it checked ina bank if they are counterfieted ones? 2. After notarizing the car bill of sale, can I handover the title just like that? Or is there something else to look for? 3. If anything happens to the car after he started owing it (on the way to PA), will I be liable to any? 4. Is there a legal format for car bill of sale? thanks
Selling car to "Cash for car" dealer? Has anyone sold a car to one of these "Cash for cars" places? They say they will come out and pay cash for your car, running or not. Seems a little sketchy to me, any experiences with it? City is san Diego, but any experiences are helpful.
What's the best way to get the best deal on a new car when paying cash? I bought my first car I few years ago and was able to pay in full but I think I made a mistake in letting the sales agent know I was going to pay cash from the jump. Will dealerships generally sell a car for less money if a customer intends to pay cash for it? What are some Haggling tactics I can use to get the price down further before I let the sales man know I am going to pay cash and hopefully have them mark the price down even further?
Buy Sell Flipping Cars For A Living Without Reporting Tax ? My brother buys and sells cars on a weekly basis. He has a California dealer license that allows him to sell up to 22 cars as an individual without a "real dealership". He buys them 1 or 2 at a time from auctions and profit around $2,000 each car. I dont think he pays tax since its all cash, can he get in trouble ? Can the IRS find out ? He doesn't have any other jobs just buys and sells cars with cash. He doesn't have any type of liability insurance for the type of business that he is doing so may be at risk for potential exposure to law suits. I'm concen about his way of doing things. Any answers, feedbacks, and advice would greatly be appreciated
Ever sold a car to a cars-for-cash type place?Experience ? I have a car that would be great as a mechanics fixer, and since it would cost more to fix it than the value of the car-- we bought one new. Now how is the best way to sell it? I only want the fair price, and I have found donating it wont benefit me. (would rather give cash than junk car) The car is a mazda 626, 97, 142000 miles, and in rough but running condition. It needs work on the cadalitic converter about 1000, and CVboots at about 700.
Someone wants to buy my car for cash? I have put my car up for sale and currently I have someone wanting to purchasing the car. I am selling my car for £15000 and the buyer says he will pay in cash. This is my first time selling a car privately so obviously I want to get everything right and hoping I don't get conned or something. Is there anything that I need to check, watch out for or ask the buyer in order for the transaction to go smoothly if it happens? Many thanks
Where to sell used cars for some quick cash in buford ga? i need to sell my 1997 honda accord se to buy a plane ticket back to california. Where can i sell a old used car for some quick cash? I live in buford ga, anywhere around buford ga is fine. its in fair condition. I'm selling it for 1300.
How do we sell this car? The car has only $11,000 left on it. My friend would rather just sell it and but another car, cash, instead of continuing the monthly payments. How do you go about selling a car with payments still on it? Do you sell it for the remaining $11,000 and just pay the car people (f.y.i. it's with Drive Time) with that money? Or does the new owner HAVE to pay off the car in payments to the car people? The car is in PERFECT condition. No problems or anything like that and it's an 2004 so it's fairly new. Thanks!! ; )
Selling a car tomorrow (Holiday) when banks are closed. How to tell if cash is fake? My Husband and I are selling a car to someone that just noticed our for sale sign today while driving. He will be coming over tomorrow and paying us in cash while we sign the title over to him. It's a very old car, so the cash is not a large amount. What should we be wary of when accepting $100's or $50's from someone? Anything else we should do to make sure the transaction is safe? Thanks.
Selling my damaged car for cash? I want to sell my damaged car for cash. What are some websites that will give me free quotes and the best rates? Answer only with sites that will buy non running and non driving cars. I'm also open to suggestions so if you know of any other way I can get cash for my damaged car (besides craigslist and ebay) let me know. Thanks!
They would not sell us a car for cash? My husband is a CPA who works from home. He makes very good income he was however, turned down when he went to buy a car today. He wanted to purchase a 2003 Range Rover from a car lot in Santa Monica, Ca. They checked his credit before he went in; they told him that he qualified. But, when he arrived at the lot to inspect the car/purchase the salesman referred him to his boss who was unfriendly. He would not let him finance because, he works from home. So he offered to pay 15,000 down cash on an 18,000 vehicle. And he told him that he needs to check with his boss first. We suspect racial discrimination: he did ask my husband if he planned to send this car to Nigeria. My husband is African but not Nigerian. I would like to have the incident investigated but, I m not sure who to contact.
They would not sell us a car for cash? My husband is a CPA who works from home. He makes very good income he was however, turned down when he went to buy a car today. He wanted to purchase a 2003 Range Rover from a car lot in Santa Monica, Ca. They checked his credit before he went in; they told him that he qualified. But, when he arrived at the lot to inspect the car/purchase the salesman referred him to his boss who was unfriendly. He would not let him finance because, he works from home. So he offered to pay 15,000 down cash on an 18,000 vehicle. And he told him that he needs to check with his boss first. We suspect racial discrimination: he did ask my husband if he planned to send this car to Nigeria. My husband is African but not Nigerian. I would like to have the incident investigated but, I m not sure who to contact.
What will happen next to car dealerships when the Cash for Clunkers program end this Monday? Dealerships have been selling a lot of cars for the past month. Many people with old car in their driveway came in and trade for car with more fuel friendly. Car dealerships across the nation selling more cars than 2 months ago. GM, Chrysler and other manufactures say they will make more cars and more jobs to meet the demand for CARS program. My questions are What will happen next to car dealerships and manufactures when the Cash for Clunkers end? Will consumers buy cars and dealers sell more and manufactures make more cars?
i want to sell my car? help. how do i go about this ? do i need to take off my plates once i sell it? do i need to go with the person to change titles to their name? do i need to write a bill of sale writing "as is" i just dont want to get burned selling my car. its an old car selling for cash money.
When selling my car, should I cash the check first? If someone pays with a check, should I deposit it and wait to get the money, and THEN give them the title so they/we can go to the DMV/SOS. Cause say if they give me a check, and I give them the title and they change it to their name, and then it turns out that the check bounces, won't they then just get the car for free? Thanks!
Selling car. Best way to sell with least amount of effort? I need to sell my 1998 BMW 740 IL. I checked out the blue book and I am content to sell it for 6800 but I really do not want to deal with advertising and then having strangers over to my house etc.. What about cash for cars and those type of things. Any ideas? Trade in is not an option. all help appreciated. I did put it on craigs list and had two people respond but one was really strange and the other wanted full maintance records which I cannot find. I took good care of the car I am just unorganized when it comes to personal records.
How do you sell a car you have a loan out on? We owe 16k on a truck we could get about 18k for... Maybe they give us the cash, take the car and a noterized note, we pay off the car and send them the title? is that how it works? I have no clue... thanks in advance
Can i sell my car to a private party, then keep the cash? i am trying to get some cash to pay my debt off , and make it just one payment. can i sell my car and instead of paying of the loan, can i just keep making the payments? so it would be just one payment. or u got any better ideas. im on disability, i have horrible credit but i realy need the extra cash and have only one payment.
how much should I ask for a used car? Where is the best marketplace to sell? I have a 1997 toyota corolla dx (121K) to sell. I checked the blue book value and it said a good condition one worth $3800. I also checked some listings on the newspaper and websites. However, I found the price range is very wide. I am so confused and don't know how much is a reasonable price I should ask for. I took to dealer and they said it is a 10 year car and basically they don't buy car that old. It's a very nice car and in very good shape. I really hate to sell at "cash for car" place. Anyone can give me some suggestion? Is posting on newspaper effective? I checked craigslist but there are tons of car posted there everyday. The ad got swamped in a second. If I plan to pay some listing fee, which website you would suggest? I am not in a rush for cash but the insurance is about to expire and if I keep the car for long I will just have to keep paying insurance bill. If you were me, what would you do? being patient and waiting for buyers or just sell to "cash for car"?
When selling a used car on Craigslist, is it a good idea to do business CASH ONLY? Even If I'm selling it for $4000? That's a lot of cash? Anyone sold a used car on craigslist before? Care to share your experiences so I don't get robbed/ripped off/scammed? Thanks. I've also been asked to provide the VIN (Vehicle Identification number) from some of the interested buyers. Is this a reasonable question on their end? Is this safe to share with individual interested buyers?
How do I sell my car privately and assuring the DMV knows its sold? Hello, I'm interested in selling my car privately and know the major points on how to keep myself safe. However we found out that someone sold their car, got the money (all in cash) and gave them the car BUT the person who purchased it never registered it and was impounded around the time the registration was over. So with that said, when I do sell my car and give over the title and get my money (fore sure) how do I know they are going to be responsible enough to go to the DMV and register it? That way if anything happens, they (impound people or whoever) know it was sold and at least not in my possession?
can i sell a car that is not titled in my name? my mom who owns the car is out of the country and she wants me to sell it cash. but the title is here so is it possible to do a title transfer without her? my mom who owns the car is out of the country and she wants me to sell it cash. but the title is here so is it possible to do a title transfer without her? also about forging her name, wont she have to be present though when you apply for the title transfer at the dmv? or can that be done through mail?
can you Get cash from a car if its high value? My boyfriend says that he can get cash from his car by selling it. His 2007 Toyota Corolla. He owes $9,875 on his loan. But he says his car is worth about $13,000. He says if he sold it, he can pocket the money and use or a down payment on another car he likes. does this make sense?
How can I sell my car if I don't own it? I keep hearing people say "Sell your car privately, then pay the balance with your lender." How can i sell the car if the new owner won't have the title? I owe $6,000 but car is probably worth $2,500. I can't image somone buying a car from me (cash) without possession of the title.
Is it legal to sell a car that isn't registered? We've got a crappy car that has some outstanding tickets. We don't even really have the cash to register it, but we're selling it anyway. Can't we sell it and use the cash to pay the tickets?
I want to sell my car. I owe Honda $10k, car worth 14k- how do I sell w/out title and still get xtra cash? I owe Honda Financing around $10k, however my car is worth about $14k. When my brother sold his car for a profit the buyer sent a check directly to the bank and the bank sent my brother the difference, however that was a private bank. Will Honda do the same thing if I have the person write a check to Honda or should I approach this in a different way? Has anyone had this experience with Honda Financing? Just to let you know: using a cash advance or something to pay off the car is not an option because of the risks that can occur if I do not sell it. I currently have a 2.9% interest rate on the loan so I do not want to take out a personal loan that could result in more money just to have the title in my hand. It's not worth the risks to me. Thanks for your input!
Sell, auction or trade in car? I have a 2001 Chevy impala, which has given me headache since I bought it in November 2007. I have repaired it more than three times and that has cost a lot of money. At the moment, its catalytic converter is bad and will need to be replaced. It is not running as it is. Now I am planning to fix it and sell it. What option will give me the most cash from the car? Selling it by myself or trading it in at a dealership, or taking it to an auction. It has 116K miles and looks like new.
Looking for ways to sell a car, any suggestions? im trying to help my friend sell his car, he is short on cash so he needs a way thats either cheap or free, so far we have tried the newspaper twice, craigslist, myspace, and carmax, does anyone have any other suggestions?
I wanna sell my new Honda Civic for good and pay cash for a cheap car ,How do I do that? I bought a Honda civic 2007 .. it was a dumb decision on my part cuz of my low credit score and Now i am stuck with a 425 dollar monthly payment . for the car. I wanna sell it and get it over with . People are telling me like " dude , you gona have to pay more than the car's worth " My plan is to just get this Car out of my head and just pay cash for an old car. And I don't care how much it's gona cost me or anything ..and in the process if it costs me less monthly then GREAT.. But i surely want this to be done ASAP. What do you think ? How do I go about doing that?..
How to sell a car with finance and settle the cost? I purchased a 51 Registration car 1 year ago from Ian Allan garage on a 3 year finace, i am going to uni this year and do not need the car nor can me or my family afford to keep a car which won't be used. I am looking to sell the car through a dealer a work mate knows. I know i need to settle the finance with Ian Allan, if i contact them to make them aware what are the normal proceedigns, I was thinking sell the car pay off the finance transfer the title to the new buyer and pocket any left over cash. (my finance left is approx 3200 over 2 years)
How do you sell a car to an indepedent buyer when you still dont have the title since you havent payed it off? We are trying to sell a car and my bf still owes 1500 on it so since he hasnt payed it off the bank still has the title. A prospective buyer is coming to see it tomorrow and has cash to buy. He lives out of town and the owner (my bf) is out of town so im showing it to the buyer. Whats the best way to go about it to not lose the buyer and get the title?? THANKS! The only problem is that the bank is a university credit union in a different city 2 hours away, so i dont know if the buyer will want to go there. We really need to sell! Thanks everyone. The buyer is aware that we dont have the title, we were not at any point trying to lie about that or get more money than the car is worth. We are going to be contacting the bank about it, I showed the car and they are interested but are aware that we cant go any further without the banks approval. Thanks!
Does anyone know where I can sell my car to get some quick cash? im really in need of sum cash, I have a car which was a cat d repaired and now it has some faults. The MOT has expired and Tax is still end of this month, I know I probably wont get that much for it but where could I take my car to get cash for it straightaway, It will take too long to put in auto trader or take to an auction, pls help there must be an alternative to sell I desperately need the cash, I live in leeds, North East. Thank you
I wanna sell my new Honda Civic for good and pay cash for a cheap car ,How do I do that? I bought a Honda civic 2007 .. it was a dumb decision on my part cuz of my low credit score and Now i am stuck with a 425 dollar monthly payment . for the car. I wanna sell it and get it over with . People are telling me like " dude , you gona have to pay more than the car's worth " My plan is to just get this Car out of my head and just pay cash for an old car. And I don't care how much it's gona cost me or anything ..and in the process if it costs me less monthly then GREAT.. But i surely want this to be done ASAP. What do you think ? How do I go about doing that?..
Can the buyer clear the car title for you? I am selling the car but don't have cash to pay the balance in full to clear the title for the purchaser. The purchaser has the cash to pay the balance in full. Can the purchaser deal with the bank and pay the balance? If so what paperworks should be involved to guarantee that the car is his once the balance is paid (is Bill of Sale enough?)
How can i sell my car if i do not have a "clear" title? I bought a new car last year and need to sell it now because i have to leave the country. I found someone who is willing to buy it (he will pay cash) but the title is not clear. I can't afford paying the whole balance in full to clear the title, How can I sell the car? Thank you in advance.
If I sell my car to my son to raise some cash, can I still insure and drive it with his permission? I am facing a short term cash-flow problem and my son has offered to purchase my car from me whilst still allowing me to drive it. I have checked with someone at my Insurers by telephone and for some reason they have said that I have to be the owner of the car for the insurance to be valid. I am not sure this is entirely true. I am guessing that if I am the registered keeper still this would be acceptable normally. Any ideas on the rules for insurance under these conditions? Thanks remowlms, how would we achieve that then, sorry to be dense, I am just not sure how the documentation for that would work? Ok chocolatebox, what exactly do you mean by check your insurance company?
Sold car in california and it was impounded? Am I liable for a car that has been impounded? I filed a liability release with ca dmv on line and the car was sold 2 months ago. I got a letter today stating it was impounded. Also has me as the regestered owner (obviously the buyer never registered it) I have a copy of the release of liability. The car was sold for cash. I did not contact the tow company yet. Should I? and if so, would the accept the release of liability and clear me? or would I be stuck with the bill? Thanks!
How do avoid getting ripped off when I sell my car? Hi all, I am selling my car on my own, and I'm a bit worried that I could get ripped off with a bad check. I was thinking about asking for cash only, or have the person accompany me to the bank to cash their check, but I worry this may push people away because it's an inconvenience. Any tips on how to protect myself while avoiding a hassle?
when you part-exchange a car do the dealers just cash in the remaining car tax? Whenever I've looked at purchasing a car from a dealer (not many occasions as it's a rip off) the cars they sell always have no tax. This is then an added expense of £190 to get the car legal for the road. However, when I ask any dealer to value my car for a part-exchange, they always ask how much tax is left and insist that it is left on the car. If I say I'm refunding the tax, they adjust the price by a couple hundred quid. Is this the same as leaving up to £190 sellotaped to your windscreen when you chop in a car? Is this widely practiced?
Should I make repairs to my car before I sell it or trade it in? Somebody tried to break into my 2002 Acura 3.5RL when I was in Iraq. The front right door glass has scratches from a brick and a dent the size of a tennis ball on the rear right fender from the same brick. Repair costs estimates are $186 for the glass, $352 for the dent. The front left fog light seal is broken and has water in it ($140ish), the glasses holder in the roof is broken ($100ish), a few minor light bulbs in the dash (fan dial, fog light button, CC and traction control button) and a few driver's door lights (window lock and rear view mirror control area) are burnt out ($?). The car just received a brand new OEM condenser, tensioner and belt via the warranty. The tires have very little tread left. I need to sell the car to prepare my exit out of the Army in 19 months so I can move back home. I need a cheap truck to tote my drums around. I just sold my 92 Honda Accord station wagon for 2K. The cash is making my mind spin! What is the best thing to do? My brother says do nothing
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