How do you sell a used car and finance the buyer?

Answer

There are several ways of doing it but the most effective way is to WITHOLD the title first of all then draw up a formal legally binding contract specifying the conditions of the agreement, have all interested parties sign it, then have it notarized and whatever you do warn them (usually through the contract) they must maintain comprehensive and collision insurance on the property until the balance is paid in full and you have released the title.

Should they fail to make the payments, explore repossession options and be prepared to take them to collections to obtain towing and storage costs along with the difference of the balance (if any is left) after you have sold the car. If they fail to keep full coverage on it, buy it yourself but add it to their balance.

• Who mysterious girl in the album Natural?
• Where to sign title?
• Can you trade in a car that is ten months past due and is worth less than a quarter of what is owed for a new car and new loan even though you would be even more upside down would any lender do that?