Sell my car?

[loon]

i was wondering if i sold my car back to the dealership how much i would get back, it has 813 miles i made a $3,000.00 down payment but have intotal paid about $5000.00. it has two key scratches from some fucking haters about 3 inches in length. and it still smells new. i dont think i want the ep3 anymore cause its getting pricey but i want to get a older car. like a eg or a ek.

[jon]

when u drive it off the lot it is drops like 7k in price, you would have better luck with a private seller, u will get more

[loon]

son of a bitch, that sucks i havent even paid 7 g's yet, i guess ill have to keep her. but i really like the interior, but the longer i have it i realize its not really my style, i want a early hatch cause its cheaper. thanks for the help, but i still might sell it cuase i want an cheaper car the insurance is alot

[jon]

yeah, insurance on my hatch is cheap, with a neg 2 on my record i only pay 107 a month

[efsib16]

Hondas actually lose less value off the lot than other cars. I would keep the car as long as possible so that you don't owe more than the car is worth. Another thing, if you have a carmax close to you, try them for an appraisal. They pay more for cars than most dealerships.

[loon]

ok if i sold my car, would i still have to pay it off, like make the rest of the payments till the car is paid off? cuase if i do i dont want to sell it, or just sell ti when i pay the car off to some random dude. help greatly appreciated

[4DGSR]

Originally Posted by loon

ok if i sold my car, would i still have to pay it off, like make the rest of the payments till the car is paid off? cuase if i do i dont want to sell it, or just sell ti when i pay the car off to some random dude. help greatly appreciated

when you sell the car, you will still have to pay off the loan you took out for that car. You can't sell the car for cash and just keep the money. The bank has the title to the car that you have to sign over to the new owner or bank.