I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amo

There is no way that I can gain possession of the car and she is not making any portion of the payments. The car loan is in my name and I%26#039;ve been debating on getting a new car, but don%26#039;t want 2 car payments. I am curious if anyone knows, can the dealer add the remainder of the current loan payoff to the finance amount of a new car for me? This would allow me to get a new car and maintain 1 payment that is slightly larger, but more manageable. I don%26#039;t have the car available to me to trade. Any information provided would be wonderful! Thanks in advance.

I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amount?

I assume your question is can you get another loan while still owing $ 3K , yes you can if lender will let you roll negative factor into your new purchase, which means you will most likely be up- side down for a long time to come.

I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amount?

stop paying for the car if she won%26#039;t give it back to you....... easy enough. or if you%26#039;re the lien holder report the car stolen or hire a repossesser to take the car back for you...... you%26#039;re being way too nice about this........

I think it is good advice because it is not his car.... why should you pay 3 grand on a car you can%26#039;t even drive..... keeping your money is more important than your credit score........

I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amount?

Without the car, you can%26#039;t do it. They won%26#039;t pay off something they dont%26#039; have. You need to take your name off her car asap. Make her pay for it, get it in her name, do the payments, ect. That clears your name, credit to purchase another car. Also, if she defaults on it, you won%26#039;t lose your new one and that one. If she isn%26#039;t making the payments, she doesn%26#039;t own the car, you do. Its your neck on the line, not hers. Before you put yourself further into debt, take care of the title and get your name off it. Sell it, gift it, I don%26#039;t care, but you can%26#039;t do it dude, not going to happen.

I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amount?

this sounds like a bad deal. if you are going to go this rout i would try to pay this car off before you take out another loan. if the car is in just your name you can call the police. if it%26#039;s in both of your names you have other issues. if she causes an accident you can be held responsible. whatever you do i would get your name off the car. or get it back. also if your name is on the title you can legally take it without her permission. i would like to know why you say you can%26#039;t gain possession. good luck

I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amount?

I agree with Ray...If you are buying a vehicle that will book for enough money, the bank will likely allow that, or if your credit is extremely good, they will allow it.

DO NOT stop paying for it!!! I don%26#039;t know why somebody would think that is good advice. All that will do is ruin your credit...

I owe $3000 on a car my ex has possesses and I want to get a new car. Can the dealer payoff this amount?

I doubt seriously that any reputable dealer would let you roll a car payment on a vehicle you have no control over into a new loan. I%26#039;m guessing you lost the car in a divorce, and are responsible for the payments.

If you only have this loan, and are gainfully employed, you can get another loan. Having two car payments isn%26#039;t the end of the world. Remember, if the old loan is rolled into a new loan, you will be paying interest for the period of the new loan, which is probably a lot longer than the remaining term on the existing loan.