Overhaulin'

How do you sell a car that you are upside down on the loan?

I have bad credit and don't want to buy another car. I still owe $8600 and the car if just sold would bring about $6000 retail, $4000 wholesale. Can't afford to keep it.

Public Comments

1. Since you OWE 8600, you have to pay 8600, no way out of it dude, just drive it till the wheels fall off. This is not uncommon by the way.
2. You have to sell the car and some other stuff to make up the difference in what you owe. I would get a second job if I were you.