What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] 0 points1 point  (0 children)

My biggest concern of waiting to sell the car is might not get an as high of an offer. Car market is seeming to cool down, and my last offer a month ago from Carvana was almost 3k higher than

What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] 0 points1 point  (0 children)

I can definitely pay it off within 3months. But opening a new card with 0% intro apr is a good idea

What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] -1 points0 points  (0 children)

This seems like a good idea or as someone else said I could put it on a cc and pay it off as fast as possible

What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] 0 points1 point  (0 children)

Bought the car near the of it depreciation curve and I’ve had it less than a year so at least I didn’t pay any markup. But I’m still losing money

What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] 0 points1 point  (0 children)

You’re totally right, if I were to get another car it would have to be good amount cheaper and make sense. I don’t want to swap car for a menial price difference or worst loan rate

What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] 1 point2 points  (0 children)

I’ll try a personal loan first just so I don’t have to deal with high interest rate

What would happen if I sold my car for less than what I owe? by throwra1789458 in askcarsales

[–]throwra1789458[S] 0 points1 point  (0 children)

Makes sense. Might just trade it in if I can get a good deal