Car on finance and want to sell? plz plz give advice!?

Question

i have had my car for about 2 n half years on finance, i have about a 2 n a half left as the finance is for 5 years. thing is i wana sell the car as im leaving england next year and wont realy need the car, the amount i owe is a fair bit more than what the car is worth, so even if i sold it, ide still have to pay about 2-3grand so i couldnt even think about selling it until i get the 2-3grand, am i right in thinking that? and if so how can i get the money to pay it as i probley couldnt get a loan my credit rating isnt very good? any ideas or any1 who knows more about this plz help!

Answer 1

Your correct - you cant sell it and get a clean title on it - unless you pay in full - NOW - another option for you might be to have someone take over the payments in what is owed?

Contact your bank and see if they'd be willing to have someone come in and take over your payments!    I would do anything without the bank being involved - as you'd be left holding the bill should they not pay!  But its an idea!