How to get rid of a 4 month old car?

I’ve owned a ‘06 scion xB since Feb ‘07 and am making payments to Toyota Financial. I’m trying to get rid of it as fast as possible but I don’t know how to do that (don’t want to trade-in)? Do dealers buy cars back? or am I forced to sell privately (which I really don’t want to waste the time with)? Does anyone have any tips, suggestions or options I could use?

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This entry was posted on Sunday, March 7th, 2010 at 8:08 pm and is filed under options trading tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

8 Responses to “How to get rid of a 4 month old car?”

  1. Josh G Says:

    Yes some dealers buy cars back but selling privately will get you more money be carerful with that new of a car you may lose more money then you’ll gain.

  2. ♫♥Sweet ♦N♦Simple♥♫ Says:

    The best thing to do is contact http://www.trade-sales.co.uk
    They are best in selling and buying the Cars ;) thats the Place from where I have bought my car.
    Best of Luck,,,,,,,!

  3. ibdemoman Says:

    Dealers do buy cars back, but unless you put a very large down you may be upside-down. Try a site http://www.usmotorclub.com they may be able to help.

  4. AnswerBot Says:

    Try Carmax!
    http://www.carmax.com/dyn/webuy/webuy.aspx

  5. HangTheDJ Says:

    Carmax will buy your car but you will need to get enough to payoff Toyota Financial. If you just bought the car you are probably upside down.

  6. tongueincheek Says:

    you cant seel a car that you have finance on cos the car isnt yours to sell till you paid for it.

  7. Jay P Says:

    To make it financially feasibile, you are going to have to sell the car privately. You need to get the highest price possible to pay off your loan and the dealer is going to give you wholesale, not retail.

  8. yo*mama*:) Says:

    not only would you have to sell the car for what u owe but with that new of a car you would prob have to find someone to get financed thru a financial instution or bank because you must deliver the title within so many days or hours after the purchase and you cant do that until you pay off what you owe they cancel the lein and deliver the title to you. your better off trading it in for something else at this point you’ve already lost because your paying for something that you dont want.

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