How can i find out how much a car sold for?

Question

My father in law got his car repossessed and now the dealer is asking him to pay the difference between what he owed and the sell price. i need to know how to find out the real sell price

Answer 1

kelly blue book website has that stuff. try their website:

www.kbb.com

Answer 2

you need to locate the auction site where the car was sold, or the dealership of which the car was sold. They will have to show your father proof of what he owes. (example: the car sold for 13k and he 20k, then he owes 7k)

Answer 3

There is no website that can tell you the exact price of your car was auction for unless they are kindly enough to show you some document from the auction. The Kelley Blue Book Trade in price is about the the wholesale price. www.kbb.com.

If your father in law's car is a large car as SUV or Truck the price will be even lower than KBB trade in right now. The small car market is doing better, but minus all the repo fees.. your in law must have lost a lot.

Answer 4

Whomever is demanding the payment should have sent a deficiency letter. This should have the balance of the loan less the sale price plus any fees.

If he did not get this letter, he needs to contact the lender and demand one. They would have to provide one if they took him to small clains court.

This is the law in CA.

Answer 5

I am sure the dealer/bank can provide that information, however you must also take repo fees into account, as well as accumlated interest, late fees, penalties, etc

Answer 6

Go to autotrader.com and if no you could check it out at any dealer webpage and by calling and asking the dealer agents too...