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How do you go about selling a car, paying off a loan and downsizing into a cheaper used car?

Want to get out of loan by selling a almost new car and getting into an older car. But don't understand under what circumstances the loan holder would help with this?

2 Answers

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  • Brent
    Lv 7
    9 years ago
    Favorite Answer

    There is a reason you don't understand. They don't. It's not in the contract you signed.

    You sell the car, come up with money to pay the rest of the loan--you are probably upside down right now--and start over.

  • 5 years ago

    1

    Source(s): Get Car Loan Instantly : http://carloan.trustdd.com/?jvEk
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