I currently have a car loan but i want to open a new car loan account?
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Ok this is the issue i own a honda civic i owe like 00 but the damn car has been stolen three times everyone has told me to get rid of it Now i have a car loan on it and need to get rid of this horror that has cost me so much What i need to know 1) if i can can get a new car loan through my bank 2) Sell it privately and pay off with the money i get form the sell
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spifiman1 said:
It depends on your credit. If you have good credit, it’s not a problem. If not so good credit, you will need to trade your open car in on your new one. Or sell it outright yourself and pay off the loan.
I help people with this same problem everyday. $2,000.00 is nothing to overcome. You don’t say what year your Honda is so there is no way to know what it’s worth.
Talk to your banker, they can advise you on how to proceed. If you have paid them as agreed? Your best bet will be to go through them again since dealers mark the rate up when they sell vehicles. I know, I am one.
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0February 21st, 2010 at 5:43 pm -
Mac said:
No you cannot get one through the same bank but you can try with other banks.
To know more visit
http://geteasyloans.blogspot.comLike or Dislike:
0 0February 21st, 2010 at 5:43 pm -
gregs111 said:
what you can do is go find anther car and trade yours in that 2000 you owe or part of it will be added to the new loan
this will only work if you have good credit or a cosigner with good credit
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0 0February 21st, 2010 at 5:43 pm -
HellinoAmerikanos said:
You can go to the same bank for your next cars loan. There may be some things that you would need to know first before you go buy the new car. Just call them up first before you go shopping and tell them what you want to do first. You can sell the car for the difference that you owe OR sell it for slighty more so you do have a profit. I know Chase and Citibank let you do these kinds of things. Call your bank and ask! (you didnt mention your bank).
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0 0February 21st, 2010 at 5:43 pm -
P-3 Hoser said:
1) If you have good credit and adequate income most banks will give you another car loan. Stay away from dealer loans, etc always check the interest rates and fine print.
2) The first car you can sell with the banks permission as they still retain the title. Talk to your bank inform them of the situation. Should also be an easy transaction.
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0 0February 21st, 2010 at 5:43 pm -
angelina said:
no thats not possible dear
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0 0February 21st, 2010 at 5:43 pm
