Trading but I'm still paying the car off, what are ways I could sell or trade the car without my credit begin hurt?

Asked by GuruNWML Apr 24, 2017 at 08:06 PM about the 2011 Chevrolet Camaro 1LT Coupe RWD

Question type: Car Selling & Trading In

Just want another car but I'm still paying it off, what are
some ways that I could do?

2 Answers

F_O_R answered 7 years ago

Sell the car privately and try to get enough money to pay off the loan. The best plan might be to keep it long enough to have positive equity in it but that will take some financial discipline which is the only true way to build credit.

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F_O_R answered 7 years ago

If you are dying to get rid of it you may want to make extra payments to pay it off faster but check and see if you have any pre-payment penalties in the loan.

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