We get questions from customers all the time about selling or trading in their car. One of the most frequently asked questions about our Cash for Cars or trade-in programs is regarding customers that still owe money to another lender for their current vehicle. We will buy your car, even if you still owe on the loan and even if you’re not buying from us. Some of our customers are in tough financial spots and trying to sell their car for cash or purchase a vehicle at our dealership to get a more affordable payment and avoid defaulting on the loan. Here are some tips on how to sell or trade in your vehicle and help make the process fast and easy.
Get Your Payoff
The first step to selling any vehicle with a loan balance is to contact the lender and get the pay-off amount. Call your lender and request a 10-day payoff. This is the total amount that they will accept to close the loan. That amount is generally good for 10 days. See if your
The first step to selling any vehicle with a loan balance is to contact the lender and get the pay-off amount. Call your lender and request a 10-day payoff. This is the total amount that they will accept to close the loan. That amount is generally good for 10 days. See if your
