Help: Selling my car assume balance

[walangalam]

Mga bossing,

Papatulong sana ako kung pano mag benta ng assume balance car

Vios 1.3G A/T bali 39 months pa at 12.5k

If ever magkano ko po kaya mai bebenta to or may bibili kaya nito sakin?

Gusto ko ibenta kasi di ko na kayang bayaran.

Salamat po sa sasagot.

[MonteroGLSV]

meron naman sasalo nyan sir ingat lang sa mga agreement nyo. but in my case noong nag-benta ko ung sportivo ko with remaining 18months to pay pa.
ang ginawa ko lang sir is benta ko as cash ung unit ko then payoff ko ung balance ko sa bank para cleared na din un name nyo
sa bank.

Mga bossing,

Papatulong sana ako kung pano mag benta ng assume balance car

Vios 1.3G A/T bali 39 months pa at 12.5k

If ever magkano ko po kaya mai bebenta to or may bibili kaya nito sakin?

Gusto ko ibenta kasi di ko na kayang bayaran.

Salamat po sa sasagot.

[walangalam]

July 2012 ko po nakuha yung car, how much po kaya fair price. Pano po ang calculation ng pag bebenta ng kotse. Tulong naman desperado na po ako.

[Balikpinoy]

July 2012 ko po nakuha yung car, how much po kaya fair price. Pano po ang calculation ng pag bebenta ng kotse. Tulong naman desperado na po ako.

Ideally, you want the buyer to reimburse you whatever down payment you put in. Look in sulit or here for current prices of same car with similar mileage and options.


Posted via Tsikot Mobile App

[rafmac]

Tama sila check online to see the fair market value then call tour bank if how much to settle the balance then do the math. Lugi ka talaga kasi yung value ng car depreciates while your loan principal remains the same. Accept the fact that you wont recoup the cost. Kung di mo talaga kaya na bayaran I would suggest to voluntarily surrender your car back to the bank by doing this you wint default sa loan and your credit rating will remain the samw


Posted via Tsikot Mobile App

[1D4LV]

Ideally, you want the buyer to reimburse you whatever down payment you put in. Look in sulit or here for current prices of same car with similar mileage and options.


Posted via Tsikot Mobile App

but i think this would be quite impossible due to the fact na the new buyer should get the vehicle using current market prices.
siguro add mo muna yung mga DP and MA mo less depreciation.

tapos compare the amount vs. market value..... kung mas mataas pa din yung amount, dun ka magaadjust..... malulugi ka for sure, pero it would be the safest way to sell your car na may assume balance pa....

on selling. you have two options:

a) get PDCs.
b) on cash, bayaran mo yung buong loan mo..... ang matitira is sa iyo (kung may matira pa.)

make sure that the sale is properly documented.... and the documentation is dapat may copy yung bank.... if you can have the bank transfer the ownership to the buyer, much better, otherwise ikaw ang hahabulin ng bank dyan and masisira ang credit record mo.

the problem now is:

a) the actual sale value
b) finding a buyer who would be willing to buy a car with assume balance.

[Syuryuken]

negative ka diyan ibalik mo na lang

[ninjababez]

here's an idea,
my officemate, instead of defaulting just gave the car to his dad. dad continued the payment, but officemate can always get the car back (assuming he can continue the payment).

-ninjababez-

[shadow]

Huwag mo na isipin fair price na makukuha mo dahil walang engot na magbabayad ng brand new price for a second hand car.

Ganito lang kung ako kaya ko naman pala I assume yan car loan mo eh di ako na lang kukuha ng sarili kong loan kesa assume ko pa yun balance ng iba


Posted via Tsikot Mobile App

[tidus1203]

Matatalo ka talaga dito maskin pano mo paikutin...

Best way sa akin is to ask your bank how much it would cost you to pay-off the loan plus any pre-termination fees. For sure mas mataas yun sa market value ng car so kailangan mo mag utang uli via personal loan or something to fund the difference between the market value and the amount you need to pay the bank.