How does payment work when I still owe on my car loan if I sell my car
20

Asked by Justin May 19, 2019 at 10:57 AM about the 2012 Ford Focus SE Hatchback

Question type: Car Selling & Trading In

I have a person that wants to purchase my car I have listed and I still owe on
my car loan. How do I go about this process?

1 Answer

F_O_R answered 5 years ago

You need more money to pay off the loan. You can try to get an even bigger loan to cover the difference (bad idea).

3 people found this helpful.
Mark helpful

Your Answer:

Related Questions

  • How does payment work when I still owe on my car loan if I sell my car 1 Answer

    I have a person that wants to purchase my car I have listed and I still owe on my car loan. How do I go about this process?

    2012 Ford Focus SE Hatchback

    -

    Car Selling & Trading In

  • How does it work when I sell my car that I am still paying for? 2 Answers

    How does it work when I sell my car that I am still paying for? No I do not owe more than it’s worth. And what is CarGurus take on the sale profit?

    2010 Ford Ranger Sport SuperCab 4-Door

    -

    Car Selling & Trading In

  • how to sell my car in a different state 2 Answers

    I had shipped my daughter's car to California where she was attending college, until COVID hit. She is now back in Virginia studying from my home. We are also looking for a similar car here. How w...

    2008 Ford Focus S

    -

    Car Selling & Trading In

  • Car financing and trade in confusion 4 Answers

    If my car is worth $8000 in trade in value, but I owe $10,000 on it, would trading my car in for a $6000 car cancel out what I owe? (Ex: 10,000-8000=2000 and 8000-6000=2000 credit? ) I've tried as...

    2014 Ford Focus SE

    -

    Car Selling & Trading In

  • i put my car for sale but cant find it 1 Answer

    i paid for lisiting yet i cannot find it and does not come up under my "for sale cars"

    2014 Ford Focus SE

    -

    Car Selling & Trading In

Shortcuts

Search Ford Focus Questions

CarGurus Experts

  • #1
    Savoy_1800
    Reputation
    3,300
  • #2
    dandyoun
    Reputation
    2,650
  • #3
    Gene Arnett
    Reputation
    2,400
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Ford Fusion
17 Great Deals out of 415 listings starting at $2,999
Used Ford Fiesta
14 Great Deals out of 150 listings starting at $3,777
Used Honda Civic
180 Great Deals out of 3,705 listings starting at $1,995
Used Ford Mustang
65 Great Deals out of 1,259 listings starting at $4,995
Used Toyota Camry
52 Great Deals out of 985 listings starting at $2,212
Used Toyota Corolla
108 Great Deals out of 2,035 listings starting at $2,795
Used Ford Escape
124 Great Deals out of 4,594 listings starting at $1,995
Used Chevrolet Cruze
51 Great Deals out of 977 listings starting at $2,195
Used Ford F-150
321 Great Deals out of 14,968 listings starting at $1,712
Used Honda Accord
40 Great Deals out of 910 listings starting at $1,599
Used Volkswagen Golf GTI
25 Great Deals out of 608 listings starting at $4,900
Used Chevrolet Malibu
50 Great Deals out of 1,139 listings starting at $1,295
Used Hyundai Elantra
163 Great Deals out of 3,544 listings starting at $2,995
Used Mazda MAZDA3
74 Great Deals out of 1,510 listings starting at $2,495

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.