how to do this?

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Old Mar 7, 2008 | 01:24 AM
  #1  
KamikazeTL's Avatar
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how to do this?

Okay I used to have a 3.2 TL and it got totaled. I got a loan for a 350z from a private party like 3 months ago and FINANCED it with a credit union. Its on my name but I don't have title in hand since the car isn't paid off yet. I don't want the 350Z anymore and wanted to post it on craigslist. How would I do this? Would I have to get someone to takeover my payments or someone to get a loan and pay the credit union for me to take over the car?
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Old Mar 7, 2008 | 01:44 AM
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zeroday's Avatar
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What the fuck? You can't have someone just take over your payments on a loan. If they default, you're fucked. They have to obtain their own financing and pay off the balance of your car loan. After this is done, your financing company sends you the title and you sign it over to the buyer at a notary public.
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Old Mar 7, 2008 | 07:47 AM
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Talk to the people at the credit union... They've done this before. You're not the first person to sell a car that hasn't been paid off yet.

But, it's basically like Zeroday said... The Buyer pays the car off, and the bank sends them the title...

Beetroot explains it in the very last post here:
https://acurazine.com/forums/showthr...ighlight=title
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Old Mar 7, 2008 | 07:56 AM
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Originally Posted by GreenMonster
But, it's basically like Zeroday said... The Buyer pays the car off, and the bank sends them the title...


You can also do it through a dealership. They will handle paying off your existing loan and roll the balance over to your new loan.

So if you owe $25K on you 350Z and you get $20K on a trade for it, then the loan for the car you purchase will be $5K more.

Last edited by RaviNJCLs; Mar 7, 2008 at 07:58 AM.
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Old Mar 7, 2008 | 09:44 PM
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Buyer pays you, you pay off the loan, receive title, sign over title, go get yourself a new ride and in debt again.
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Old Mar 8, 2008 | 11:43 AM
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Originally Posted by Pure Adrenaline
Buyer pays you, you pay off the loan, receive title, sign over title, go get yourself a new ride and in debt again.
Aren't we all in debt till we die? LMAO .....
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Old Mar 8, 2008 | 01:21 PM
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Originally Posted by shooter
Aren't we all in debt till we die? LMAO .....
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Old Mar 8, 2008 | 09:24 PM
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Edit by Administrator Ron A:

If you are just looking for a place to buy something then you can post in the CL Forum, and if you want to ask if anyone has one for sale you can post in the Black Market Forum, but you can't offer anything for trade until you meet the requirements below.

Your post/thread has been edited and closed since you have not yet met the requirements in Paragraph A below. When you have met the requirements you may resubmit your post/thread.

A. New members may not post anything for sale or trade until they have been a registered member for thirty (30) days and have 15 posts. They may respond to other threads if they wish, and make purchases, and also post Want To Buy (WTB) threads, but do not mention any items for sale or trade when posting in other threads.

…..1. Members are cautioned not to post just for the sake of getting your required number of posts.

…..2. A maximum of three Black Market Forum posts may be used to meet the minimum requirement for members who intend to sell or trade items. The remainder must be meaningful posts in other forums. If you registered for the sole purpose of selling things, you are not meeting the intent of this forum, which is to give our active members a forum for buying and trading. All of your posts will be scrutinized and the management will make the final decision on your eligibility to sell items here. Members may still post WTB (Want to buy) posts or threads, or buy items, without regard to eligibility.

Please read THE *NEW* BLACK MARKET RULES for more information.

All sale, trade, and want to buy threads must be posted in THE BLACK MARKET FORUM.
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Old Mar 8, 2008 | 09:36 PM
  #9  
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wid body kid? wow, tell me where to get that kid! I want a kid!

Those are custom made kit, so you won't able to purchase that from anywhere.
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