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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?
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- BrentLv 79 years agoFavorite 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.
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