Hi people,
Back a year or two ago I bought a new Kia and financed it through their own manufacturer financing. At the time I needed a vehicle and didn't expect to want to get rid of it anytime in the near future, but I was wrong. The vehicle is fine but my needs have changed and I don't need to dish out hundreds a month on it now.
I have nobody to ask so I'm seeking advice:
How would I sell a vehicle that's currently financed? I don't want to pay it off completely and wait until there's a buyer, since I don't really want to be out nearly 20k right now (though I could get a loan to pay it off, then pay the loan off shortly after the vehicle is sold). Is it possible to have a buyer pay an amount, then I talk with the finance company and pay off the rest, then have the title and stuff provided to the buyer? Or is my only choice to pay it off first myself?
I would talk to the dealership, but I don't feel like it's the best or nicest thing to do, buying a car, then less than two years later asking the same guy that sold it for advice on how to get rid of it.
Hopefully my ignorance on this here isn't missing something obvious.
Submitted December 26, 2017 at 12:03AM by LibMike http://ift.tt/2DS5lT1
