Seema Hosfeld: A repo is a repo; whether that's voluntary or no longer. $14,000 on a 'ninety 9 Lumina!!! fortunate if that's well worth $one thousand. verify your credit checklist to ensure in the event that they have been reporting, particularly than guessing. would not advise they gained't document a checklist & get a garnishment in case you permit or no longer that's repo'd. greater useful seek for suggestion from an lawyer. you're able to would desire to document financial disaster to get out from under that albatross. lenders will then be certain you are able to no longer flow that direction for 10 years. Have a bite to place down. tell them the story of the non-public loan sharks....Show more
Vernita Robberson: NOPE... Don't do it. You have no protection in this deal and it's very likely that your "buyer" will disappear once he has possession of the vehicle and the title.
Elden Dedon: don't do it..you don't need the headache
Hai Biggart: You are n! ot a bank. You may or may never see another dime after he leaves with your car.Ive done it a few times when people put like 70-90% down, but otherwise, wait for someone with cash.if he was a good credit risk, he wouldn't be asking you....Show more
Darren Heling: Tell him that he can make weekly payments but the car will remain with you until the car is paid off. I wouldn't waste time on him there are people out there with the money just sell the car too one of them. Also take cash only and use a pen to check for counterfeit money seriously I had someone try that once. Good Luck the car will sell if its priced right.
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