Best way to sell a financed car?

[Drew Dowdell]

What's the best way to sell a financed car without trading in? I'm not upside down.

[ocnblu]

Good question, I've been weighing my options while I wait for my new one.

[lengnert]

That would certainly depend on how 'involved' in the process you want to be....

I know The 'Burg works as a buyer (used vehicles, in NJ) for the company he works for.  He may very well be the best resource you could ask.

[G. David Felt]

I know in washington state, you can sell your lease / financed auto yourself as long as you have the payoff and then pay off the auto first and direct the title to go to the new buyer or financial firm.

Leases, I have been told are a bit more tricky but can also be done as you have to cover the residual amount the auto company expects out of the auto on trade-in plus what ever you owe on the lease still. A bit harder from my understanding.

Check with your financial company to see what they will expect in regards to you selling the auto rather than trade it in.

[Drew Dowdell]

I guess I'll call the credit union and find out their requirements first. I want to privately purchase another vehicle I've found. I'd need minimal financing on that.

[ocnblu]

Post photos of the Pacer X as soon as you get it home, please.

[A Horse With No Name]

On 4/8/2017 at 6:56 PM, Drew Dowdell said:

I guess I'll call the credit union and find out their requirements first. I want to privately purchase another vehicle I've found. I'd need minimal financing on that.

Would be the best option.