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Can't Pay Monthly Car Payments, What Should I Do?


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Posted

well its basically my mom's car, she made a wrong decision to buy an expensive car last year and now she is struggling to pay the monthly payments.

what is the best way to get out of the monthly payment/get rind of that car? she has an extra car btw.

i read some info online and it says that you can't just return the car, you have to sell it your self then pay off the debt that you have from the lender.

thanks for the help guys

Posted

2 jobs. Jk I would sell it asap and if you find the right persone might make some $$ to.

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Posted

What kind of car is it?

What's the monthly payments?

I would say sell it if you don't need it.

its an 06 explorer eddie bauer

she's paying 500+ a month(which i know is stupid, i didn't support her on that purchase in the first place)

Posted

if she is struggling that bad put it on craigslist as

06 explorer for sale......... take over payments (transfer to their name)

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Posted

if she is struggling that bad put it on craigslist as

06 explorer for sale......... take over payments (transfer to their name)

that looks like the best choice but i don't know if anyone would bite the monthly payment of 500+, might as well try it.

how would you go about transferring payments to other people?

Posted

Its not really the right thing to do but one of my dads friends friend put on a full football uniform and went 60mph jumped out and the truck hit a tree and was total'd was funny to watch should have recorded it.

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