Posts Tagged ‘special finance auto loans’
Special Finance Auto

Question: Can I sell my car before it's paid off?
Due to the increase in gas prices and financing two cars, I thought yesterday that now I will be shelling out over $200.00 per month for gas on autos! When I first began to drive ten years ago and had my first car (Civic) it only took $8.00 to fill up the gas tank. Yesterday, at the pump I spent $46.00 on filling up my Accord. I thought that I would prefer to keep only one car (family) and start taking public transportation.
So my question is, my other car ('06 Civic) still has 4 years left of financing payments. Can I sell my car? Is there a special process I need to follow without jeopardizing my credit? Any suggestions?
Answer: As long as you sell for enough to pay off the loan, no big deal. Contact the bank about what will happen when it comes time to transfer the title to the new owner and getting you a copy of your paid note
If you are selling for LESS than you owe, you'll have to make arrangements to pick up the balance before the bank will relase the title to the new owner.
Special Finance Leads AutoNet Financial No Sale No Fee Auto Finance Leads
Special Finance

Question: How do I find a list of all the special finance lenders available?
My dealership needs more special finance banks.
Answer: Lending tree .com
Creating a Special Finance Operation: Doing it Right