If I purchased a new car a year ago that I can't afford can I give it back to the dealership?

Answers:2   |   LastUpdateAt:2012-08-10 13:59:02  

Question
qumeria
Asked at 2012-06-21 20:21:45
If I bought a new car a year ago I can not pay what I can return to the dealership ?
Answer1hmmmmAnswered at 2012-07-09 02:46:03
No.

Unless the dealer has the
note.
Most likely the car has been funded by another source. What happens is that you want the car, which is bought by another company that gives a financing contract for the purchase. The distributor is outside the image .

If you have problems contact the financial institution. Talk to them . Explain the situation and ask what they can do.

Your best bet would be to tell them you want to sell privately and indebted to them for balance. All money from sales goes to them . Unless you somehow have a clear title that the title is listed as a lien , which must release to transfer the title.

It's hard to say what can be done without further detail.

The end result is, and the financial institution is better to work together.

Call them .
Answer2LakeishaAnswered at 2012-08-10 13:59:02
No, no turning back . The best thing for you to try to sell it. Or you can take it to a place like CarMax and see how much they are willing to buy the car from you.

Example: If you owe 19k
Carmax offers 15k
You've been
4k, because
You can enter the bank that financed the car of differents just play the differents every month until it is paid off .
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