HELP!?!? I leave for the Navy early August and I dont know what to do with my car?!?!?!?!!?

Question

My car is financed with minor damage and minor electrical things wrong with it. I know that I will be upside down if I try to sell it. I wouldnt really mind paying the note while I am gone but since its financed , the company requires auto insurance to be on the car. I dont want to fork out all kind of money especially if im not using it! Not to mention I have no family or friends that can take over the notes or insurance while im gone..........what should i do??

Answer 1

call your finance company and let them know you are leaving for the Navy.  if the car is in a locked storage unit or garage while you are gone, a LOT of finance companies will allow you to carry only comp coverage until you start driving it again.  if they OK this, call your agent and tell them the same and have your coverage dropped to comp only.  we do this a LOT for our military members when they deploy.  Good luck in the Navy and God Bless!

Answer 2

Speak to your insurance agent and the finance company. Tell them you will not be driving the car for as long as you are away. You may be able to get just basic coverage at a reduced cost.

You'll probably need theft and fire, but not much else.

You'll need a safe place to store the car.  If it will be sitting for over 6 months, you should jack it up on blocks to save the tires and disconnect the battery. Ask the dealership of your brand of car if there is anything else you should do for long term storage.

Good Luck.

Answer 3

Sell it and pay off as much as you can and eat the loss it is not worth messing with.  Good luck in the Navy!

Answer 4

ahah it is absolutely inopportunity

Answer 5

Clean the car up as much as possible. Try to get a written estimate for the repairs that are needed just to get it up and running. Then you can sell it and the buyer should be confident in knowing what they are getting into. Thanks for dedicating you time in the Navy and Good Luck!