Jump to content

Recommended Posts

Posted

This is a weird one. I have a vehicle facing repo. The lender said my settlement amount (not 100% loan payoff) was $38,000.

A quick check online with Carvana said they would give me $41,800 and I would get $4,556 more if I trade in. 

 

My plan has been to keep saving and but a lower cost vehicle with cash before surrendering this to repo,

Now I am wondering if I can get cash back by selling to Carvana and then paying the bank $36,000.

 

Is there a way to do this even though I do not have the title?

Or can I sell to and they pay the settlement amount for me?


Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




  • Member Statistics

    • Total Members
      190435
    • Most Online
      9039

    Newest Member
    mhudson323
    Joined
×
×
  • Create New...

Important Information

Guidelines