I have a newish (2023) luxury car that I bought new for 50k. I stopped paying the loan and it went delinquent. The creditor sent a tow truck and I had the car in my garage and was sleeping when he knocked on my door. Since then they just gave up and didn’t bother to try to tow it again, even after I left the car in my driveway for like 9+ months.How can I unload it and sell it to someone for like 40k? Are most buyers retards that don’t request the title? Or would someone buy it and just drive it without a title, like an illegal alien? tl;dr:>bought 2023 luxury car new>stopped paying loan>creditor tried to repo>gave up >still have car >want to sell it
>>62195268You sound brown
>>62195268why would they pay $40k for a car that was 50k new 3 years ago and stolen
>>62195268>Are most buyers retards that don’t request the title? Or would someone buy it and just drive it without a title, like an illegal alien?sell it to an illegal.
>>62195268Here I will give you the steps, allegedly >Gonna need to baghold it for a many more years (possibly at least 10), >Figure out who owns the loan and contact them >Settle for an amount or if you built up enough equity and they wrote it off their books they might just send you the title.Alternatively if you cannot afford to keep it contact them and tell them to come get their shitbox.Selling without a title could cause you a legal mess without much upside and it would involve basically scamming someone.>Someone buys it and then goes out and commits a crime with it>Police show up at mr pepe anons door and he has to explain why the vehicle he still owns was used in a crime and not reported stolen.>A reputable scrapyard wont even buy it without a title.
you can have the buyer pay the lien directly and they will release the title to them, the buyer is likely going to be a dealer who handle all the docs electronically and are willing to deal with a high risk sale like a repo. you should ask the lender for a buyout quote, find a dealer to sell to, and figure out how with the dealer what they're willing to pay, and how much you have to cough up to cover the rest. you dont have much leverage here, so youre gonna get waxed like alexis texas
>>62195310>Mr pepe anonI lol'd
>>62195268>luxury car>50kdoubt
>>62195401this jfl. luxury starts 5x that price
>>62195401This.You only get a base 3 series or a Golf GTI for that amount of money.Imagine spending 50k for a fucking car.
>>62195268the only way this could work is if it you sell it to someone in another country, where US title is irrelevant.
>>62195268>>62196237and keep in mind that if you do this, your creditors are going to flip their yarmulke and personally sue you. or maybe they'll argue international fraud and get the police or even the FBI involved.
>>62195268You sound like a psycho that only cares about getting caught. Do the right thing, mr pepe anon
>>62195268That apu is literally me, stop stalking me glowies
>>62195268you can't sell something you don't own
>>62195268You never bought a car. You were buying a car then gave up.
>>62195401At this point basically any car brand that isn't trying to be the cheapest calls itself "luxury". Buick is a luxury brand, Acura is a luxury brand, etc etc. If it's not a Nissan or a Ford or a Toyota etc. it's "luxury"
>>62195298Anon sounds brown and doesn't understand depreciation. He bought the car for $50k, thinks it's still a $50k car and can unload it really quickly if he offers it for $40k
>>62196595Anon is almost certainly brown. He can’t be helped. Don’t even try. His soul is black as the night.
a 50k car in 2023 is like $15k now
>>62196901I bought a car for $52k in 2022 and can sell it today to a dealer for $46k
