Bought car in mint condition,$5k cash,and 75% loan, I got an amazing deal, after 2 weeks can i sell for profit
Will the Bank allow me to sell freshly bought car? I got a amazing price for it, and am thinking to sell for profit. Or can I do a dealer trade-in with this car??
Public Comments
- The bank will not care what you do with it as long as they get their money back.
- Whatever you do dont do a trade in. Sell it yourself and you will get more cash. The dealer will say I give you 5000 for the trade but you will end up financing part of the money as the purchase price of the car.Sell it your self.
- you just have to take the person who is going to buy it to your loan company so they can sign off the title to the person who is buying it....
- It's your car, you can do anything you want. The only thing you'll have to do is pay off your loan before you can transfer ownership of the car.
Powered by Yahoo! Answers