Owner financing

scott_0

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ummmm hell no! I'd have to be seriously hard up for a sale to even think about doing that


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CV355

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I lost $1500 doing this one time. Don't do it, OP, unless they have equal value collateral they can give you until the payments are complete.
 

ssj4sadie

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How much is a 96 going for these days? The car is 22 years old, I’m guessing that’s why he can’t get financed (among other things). Glad you decided against it OP!
 

RedVenom48

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Honestly depends on the value of the item.

I sold my sport bike for $2k. Guy gave me $1K down. I took the title with him and put myself on as a lienholder and kept the title. I kept a set of keys and got a copy of his license. He make $100 a week payments to me until it was paid in full.

Got final payment, met him at a title place and removed myself from lien holder.

On a more expensive vehicle? Only if the cash down is significant.
 

nxhappy

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I tell people:

I'm not a bank. Get the money somehow, or no car.
 

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