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Old 06-21-2009, 01:08 AM   #11 (permalink)
edeeZee
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[QUOTE=Mike;96032] Also, sell the car outright. QUOTE]

You make that sound so easy.

What if he's upside down on his trade i.e. the payoff>street value of car.

I had hell trying to sell an Acura Integra I bought 10 years ago. I bought it new, I only put 7,000 miles on it in a year. The kelly blue book for Hondas/Acuras is so artificially high in S. California.

My payoff was around $11,000, they kelly blue book was $17,000 yep $17K and guess what I got out of it after 3 months of leaving it in the autotrader?

I let some father take it off my hands for his daughter's first car, about $10,000, my payoff...a lot easier said than done.
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