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Re: HELP! How do I sell my car if my car is finan (archive)
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Posted by Zpage on July 23, 2001 at 12:35:55:

In Reply to: Re: HELP! How do I sell my car if my car is finan posted by Harvster on July 22, 2001 at 22:46:34:


Just in case you don't know what upside down means - what you owe for the car is more than the buyer is willing to pay you. Also - folks check your insurance if you total your "new" car you may have a difference in what "blue book" insurance will pay and what you owe. You will be responsible for the difference. Most financers offer "GAP" insurance for this as most cars depreciate rapidly.



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