Archive for the ‘Buying & Selling’ Category
Saturday, September 5th, 2009
Almeister 5000 asked:
Hey, I recently bought my first bike, a honda CBR125r on finance. I got a 0% deal and had to put down no deposit, but now due to personal issues as well as money problems I need to get rid of it. It’s illegal to sell a bike with finance on it so I don’t know what to do. Its only done 50 miles so its still worth a decent amount of money. Any ideas?
Tags: Bike Finance, Honda, Honda Cbr125r
Posted in Buying & Selling | 126 Comments »
Saturday, August 1st, 2009
Vish asked: So I want to sell my car which I’m still financing. Problem is this Capital One is mostly done online. How can I go to them if I end up selling it, ya know?
So..Has anyone ever sold their car when they were still making payments through Capital One Auto Finance? If so, How did you do it?
Tags: Capital One, Capital One Auto, How To Sell A Car
Posted in Buying & Selling | 2 Comments »
Wednesday, July 15th, 2009
xsvideo asked:
I have a high interest rate loan on a truck, I am paying the payments on time and I am thinking about getting something else with a better interest rate. But I found out that car dealerships and finance companies have participation splits when they sell a car and complete the financing. I wanted to know what that means and am I paying for it. My rate is 24.9% I know that is high but my wife and I had not choice due to a loss in job. We are ok with it but really need to make a change now. Any advice would help. We have stable income and credit scores between 540 and 587, all of our credit cards and car payments and other bills have been on time for the past 12 months. We have some old judgments that maybe total $3500.00; one is a medical bill and the other a membership we never used at a discount supply place. Thank you for your answers in advance.
Tags: Car Payments, Finance Companies, Sell A Car
Posted in Buying & Selling | 3 Comments »
Saturday, June 20th, 2009
The Truth Hurts ! asked:
I am trying to get a used car something reliable and under 10k..I was told by a loan officer since I have no credit history they might be able to finance a car for me..So what does that mean…
Would I need a down payment ?
Tags: Finance A Car, Finance Car, Loan Officer
Posted in Buying & Selling | 2 Comments »
Monday, June 15th, 2009
writermaury asked:
Which is the best way to finance a used car — through a bank or through a dealer? Will you get a better interest rate going directly through a bank? Will the dealer give as good of a deal if he does not get a cut on the financing?
Tags: Finance Car, Interest Rate
Posted in Buying & Selling | 8 Comments »
Friday, May 15th, 2009
asked: I want to buy a car (2002ish) from a used car lot of Craigslist for about 7k.
The problem is only the big dealerships offer the easy financing, and Craigslist and the smaller lots yield mostly to cash customers.
How could I finance a car from one of these? What’s a “lending institution” or something? It seems impossible!!
A specific service/website would be appreciated.
Thank you!
Tags: Cash Customers, Finance A Car, Specific Service
Posted in Buying & Selling | 1 Comment »
Wednesday, April 15th, 2009
bending asked:
I’m buying a car from a friend. It’s in great shape, though its got about 105k on it. Seems most lenders won’t finance the purchase of a car with that many miles. What are my alternatives?
Tags: Buying A Car, Buying Car, Great Shape
Posted in Buying & Selling | 3 Comments »
Wednesday, April 1st, 2009
Alicia D asked:
If you have bad credit, but a nice sized down payment would you be approved to finance a car?
Tags: Bad Credit, Brand New Car, Finance Car
Posted in Buying & Selling | 60 Comments »
Wednesday, March 18th, 2009
woroguda asked:
My finance company repossessed my car and sold it for $1200. How would they have disposed of a late model, low mileage vehicle for so little money and can the general public participate?
Tags: Company Car, Finance Car, Late Model
Posted in Buying & Selling | 4 Comments »
Friday, December 26th, 2008
debi m asked:
I bought a Renault Clio last August 06 for £2500 since i dont have any debt and no credit rating i had to take high finance (37.5%) im now paying £146.65 a month for 36 months and i still over 3000 to pay, I would like to hand this car back to finance company as i no longer wish to pay that ammount of money and i dont like the car. What happens if i were to do this?
Tags: Finance Company, High Finance, Money
Posted in Buying & Selling | 51 Comments »