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Joined: Jun 2000
Posts: 1,394
Hard-core CEG'er
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Hard-core CEG'er
Joined: Jun 2000
Posts: 1,394 |
Originally posted by oilman930: Hi John
I am going to post it in the market section for sale.The problem is,the bank owns part of the car as well.So any payment I get has to go right to the bank.The the bank has to pay off the loan and issue me a title.Then I have to take the title and get it transfer to the new owner.It could take a couple of days to a week to get the title,and I am not letting anyone take the car without getting the title transfered.I have the feeling that someone who hands me $10,000 to buy a car will want to take it before I get the title.
If I could sell the car outright,I will buy an Mini S.I'll bring it to any LSHOC or Contour meetings.
There are ways to arrange such a transaction with the bank that holds your title, though it definitely complicates things. But I have heard of such deals being done in the past. You may want to look into that, as you'll get killed on the trade-in for your car. While the used car market is pretty beat right now, $9000 for an SVT with 55,000 miles sounds pretty reasonable. Good luck!
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