How to Get Out of an Upside Down Car Loan?

[@driveo]

Sell My Car in San Diego: www.driveo.com/san-diego/ Sell My Car in Houston: www.driveo.com/houston/

[@TobiHamed]

The reason the dealer is the best option is, you can't do a private sale if you're still financing no title no sale

[@connerwalters2693]

Your 10 day payoff isn’t the total amount of payments you have left

[@Mocker-you]

Hello I bought a car last year in November . Unfortunately I had an accident but my insurance fixed. I owe 30 k to the bank and probrably the car does not worth this amount no more. What should I do to avoid to be upside down or get out of this car or loan quickly. Can you answer this questions please ? I have the amount in bank for emergencies should pay off?

[@dstevens1204]

Try selling it with Carvana or we buy any car. See what they will offer you.

[@jcarlosdream22]

Sell it back to a Dealer it’s never a good advice 🤯 they Rip you off and resale it for the profit they took from you

[@brittaneyrae1225]

I traded in my 2017 Nissan Sentra SR to a dealer for a 2022 Hyundai Venue. They gave me $12k for my Nissan. I was upside down by $1700 on my Nissan so that rolled into my new loan. The dealer listed my car for $15k…dealerships need to make a profit off vehicles they buy or take on trade so the “outrageous price” they sell a used car for really isn’t actually outrageous if you really think about it. In a way my old car was only sold for $3k depending on how you look at it

[@TyroneSettles]

Easy. pay extra each payment, and stop being an impulse buyer. Rates are still high and if you cannot put 20% down, and finance at 60m maximum, don't buy.

[@fatotis6273]

This is the worse advice you give to somebody, Must have been produced by car dealers.