I would like to get out from under a car payment. The intrest rate is high?

Answers:1   |   LastUpdateAt:2012-11-05 19:53:02  

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Allard
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I'd like to get out from under a car payment . The intrest rate is high . The loan amount is owing more than the car is worth now . Is it possible to sell the car myself and have the buyer take over payments ( probably want to refinance to a lower rate ) . What steps should I take to do this ?
Answer1hw helpAnswered at 2012-11-05 19:52:38
Just sell the damn car. If you can't sell it for what it's worth then take out a loan to cover the difference and pay that off too. You will be WAY better off with a $4,000.00 debt than $20,000.00 (or whatever)
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