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New member here need advice on selling recently purchased 370Z

Originally Posted by semtex Well, you can't really sell it, I don't think. Because you don't own it. There's a bank lien on the thing, so it's not yours to

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Old 03-27-2009, 11:15 AM   #4 (permalink)
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Quote:
Originally Posted by semtex View Post
Well, you can't really sell it, I don't think. Because you don't own it. There's a bank lien on the thing, so it's not yours to sell. Now if you were trading it in, that'd be different because the dealership would send the payoff amount to the NMAC, and you sign papers stating that once they do that, they own the car and the title gets sent to them. But I think you'll have a hard time doing something like that with private sale.
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Originally Posted by SoCal 370Z View Post
I would look to get someone to take over your loan—provided the lender approves them—and walk away after that.

im pretty sure i can sell the car, the new person woudl go to a bank or financial institution and get approved for a loan and then their institution would give them the check to pay off the car to nissan and nissan woudl send the title to the new financial institution to hold until its paid itt to them.



what i was looking for more or less was price wise what could i drop it down to to entice a new buyer? i have some savings and would be wiling to cover the difference to bring the price down.
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