Underwater

Asked by GuruB7DRC Apr 24, 2019 at 12:19 PM about the 2017 Hyundai Sonata Hybrid Ultimate FWD

Question type: Car Selling & Trading In

How do you sell a car that’s underwater? I have
several dealerships interested, but I owe more than
anyone’s offering?

1 Answer
21,895

Gary answered 5 years ago

You would need to pay the difference of what is owed vs. what you sell it for. Some dealers will build it into the new car loan but it is really up to the bank or lender.

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