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Car Selling Question

Johnny Rockets

By Johnny Rockets,
in Huddle Lounge

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Johnny Rockets Rookie

Johnny Rockets

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Payed the tax bill and went to the bank today for a personal loan to pay off the GMC so I could get my title then will pay the loan off once I sell it.

I was going to just borrow the money from my dad for a week or so but the loan girl at the bank was hot and pressured me into taking the personal loan instead. Well worth the $165 it is going to cost me in loan origination fee. Plus she asked me if I would be willing to sell her car for her because she wants to sell it and doesn't feel like dealing with it. Pretty sure this in how p0rnos start out ......at least they do in my mind.

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sunbunny Newbie

sunbunny

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Tough situation to be in....You legally can't transfer a car without the title. And for the most part companies, when you pay them off, don't take longer than 2 weeks to get the title to you.

That's what I was thinking. It's been a long time since I was involved in the car business, though.

It took BB&T a month to send the title when I paid off a car loan through them.

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Johnny Rockets Rookie

Johnny Rockets

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I wouldn't have believed it if it hadn't happened to me but take it to Carmax.

Took them my father in laws car after he passed away last year "just to see what they would offer". We had looked it up and the Blue Book was around 20k. We decided if someone offered us that we would take it on the spot. Carmax gave us 23.5K. Took care of all of the paperwork and made it nice and easy.

It cant hurt to let them make you an offer and you're under no obligation to take it.

I thought about that but didn't think it would be worth my time.

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Samuel L. Jackson Newbie

Samuel L. Jackson

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Dude...

I may have missed something, but...

If you work out a deal with someone that wants to buy it, more than likely they are going to be getting a loan to pay for it... Their bank might even want to look at the vehicle to approve the loan in the first place... If so, their bank will get with your bank, have the title sent to them, and then when they get it, call you... You'd then likely meet the buyer at their bank to sign over the title, get your money, and be done with the whole deal...

Of course, if they are paying cash, this is a moot point...

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Johnny Rockets Rookie

Johnny Rockets

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or using that money for a smartphone that she obviously doesnt need..

*punching your liver*

Don't get me started on that Smart phone thing. We went there last night and somehow it cost $400 out of pocket for the phones (before rebate) and our cell phone bill was going up to $207 a month and that is with only her having the Droid. Ridiculous.

<<punches self in area that he thinks his appendix might be in

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Panthro Collaborator

Panthro

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Don't get me started on that Smart phone thing. We went there last night and somehow it cost $400 out of pocket for the phones (before rebate) and our cell phone bill was going up to $207 a month and that is with only her having the Droid. Ridiculous.

<<punches self in area that he thinks his appendix might be in

It's located behind the nasal cavity

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