Originally Posted by Laco
You can always sell it back to a dealer. Yes you will take something of a loss, but, you basically drive it in, hand them the keys, registration and title, and they write you a check, All done! If you owe a lot on it, its a slightly different story, because if you are upside down on the loan vs value, its going to cost you dollars to unload it.
I highly recommend you ignore this idea of selling to a dealer. This is the worst possible thing you could do short of just putting a torch to it. All the dealer will do is bend you over. Why would anybody take something worth say $50,000 and sell it to a dealer for $25,000? When navigating this forum read everything as though you were hearing it in a bar near closing time. Use your own good judgement and remember. Anything that sounds too good to be true probably is.
Seriously I should start a buy/sell business and get a fee for buying or selling big ticket vehicles for people. Over the years I have successfully bought low and sold high on all my vehicles. I guess itís experience, knowledge and personality. Not everyone has it I guess so Iím fortunate. I canít pour my experience in someoneís head or change them into something they are not. But perhaps for a fee I could put more cash in their pockets. Iíll have to think on this......