Do car finance companies allow for negotiation on a loan buy out or pay off?

I have a 17.5% car loan and the pay off amount is ,538
Orig loan amount ,739.
The car may be worth ,000 at the most.
5 year loan that I am three years into.
I will be coming into some big money soon and I was wondering if I can negotiate with the car finance company
or will I have to pay the full pay off amount: ,538?

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This entry was posted on Friday, February 12th, 2010 at 2:50 pm and is filed under loan companies. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Do car finance companies allow for negotiation on a loan buy out or pay off?”

Jay P on February 12th, 2010 at 2:50 pm

Nope…you are responsible for the full value of the loan from the minute you signed your name on the contract. Kind of stinks but it’s the drawback of signing loans with high interest rates with little down payment.

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dinkydionline on February 12th, 2010 at 2:50 pm

Sounds like the amount they give you is the payout figure, that’s not negotiable.

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20 000 Unsecured Loans Big Money Amount big Needs - FINANCE - Free Articles Directory on February 12th, 2010 at 4:40 pm

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