For Sale: 2012 5.0 Florida car!

[coyote414]

For sale is my black manual 5.0 with a matte black super snake stripe and HID's. The car has black cloth interior and 15% tints... this isn't a feeler this car is for sale, money is too tight and I'd like to go back to school and ditching my car payment will allow me to do so-- no I dont have the title but upon sale the car will be paid off and the title will be yours as soon as FoMoCo sends it out, in the mean time a bill of sale will be issued. If I can't sell it privately Carmax will be getting this beautiful car . My name is mike and I am a serious seller in south florida willing to talk about the car with serious buyers only at (954)554-2818. Please no window shoppers- if you don't see yourself being a potential buyer within a month than lets not waste each others time. Thanks for the interest guys.

[maldog]

Don't sell it to carmax......you'll be lucky if they give you12k for it. Good luck though.

[coyote414]

Originally Posted by maldog

Don't sell it to carmax......you'll be lucky if they give you12k for it. Good luck though.

Lol they are heart breakers, I almost gave them my first car... I'd love to make a deal with an enthusiast who will truly appreciate the car like I did . I've tried Craigslist and now I'm hopping back on the forums to give it a whirl

[Andy714]

How much are you asking?? And your payments?? How much do you still owe ?

[coyote414]

Originally Posted by Andy714

How much are you asking?? And your payments?? How much do you still owe ?

I'm asking what I owe which is right around 22.5, I'm taking the car to Carmax tomorrow because their offer lasts a week and it'll help me gauge what I should be asking but if their offer is good enough and i don't get any promising bites... Unfortunately it's theirs

[Andy714]

Originally Posted by coyote414

I'm asking what I owe which is right around 22.5, I'm taking the car to Carmax tomorrow because their offer lasts a week and it'll help me gauge what I should be asking but if their offer is good enough and i don't get any promising bites... Unfortunately it's theirs

Oh so you're not willing to transfer your payments to someone?

[coyote414]

Originally Posted by Andy714

Oh so you're not willing to transfer your payments to someone?

If the dealership can make that happen to the point where my name is off the loan and I wot have any future responsibility- than thatd be fine with me I've never heard of that though, I'm open for anything to be honest!

[Andy714]

Originally Posted by coyote414

If the dealership can make that happen to the point where my name is off the loan and I wot have any future responsibility- than thatd be fine with me I've never heard of that though, I'm open for anything to be honest!

Well I've heard some people transfer their loan to someone else but to be honest I don't know how that works

[coyote414]

Went to carmax, I will be sticking to my price at 22.5 can't do a penny less, or if it's possible to "take over payments" I could do that with $2k up front.

[bluekswiss_04]

What you can do if you want someone to take over payments and leave under your name is go to notary public and do a contract with your own terms . It works very well man, i did it before and i had no problems at all

---------- Post added at 09:43 PM ---------- Previous post was at 09:42 PM ----------

Just make sure you take the down payment in front of the notary

[Andy714]

Originally Posted by coyote414

Went to carmax, I will be sticking to my price at 22.5 can't do a penny less, or if it's possible to "take over payments" I could do that with $2k up front.

How much are your payments?? So if I give you 2k youll hand me over your payments and ill just owe 22.5k?

[wheelman]

Originally Posted by Andy714

How much are your payments?? So if I give you 2k youll hand me over your payments and ill just owe 22.5k?

Yeah and then you can keep the car, never make a payment and the OP is screwed. The bank will laugh at your notary-approved note and say, "Um, we didn't agree to this". And regardless, IT'S STILL UNDER THE OP's NAME so he'd still have to make payments on the car until he could recoup from the buyer. I wouldnt touch that with a 100 foot pole.

[coyote414]

Originally Posted by wheelman

Yeah and then you can keep the car, never make a payment and the OP is screwed. The bank will laugh at your notary-approved note and say, "Um, we didn't agree to this". And regardless, IT'S STILL UNDER THE OP's NAME so he'd still have to make payments on the car until he could recoup from the buyer. I wouldnt touch that with a 100 foot pole.

Yes unfortunately I wont leave it in my name, way too sketchy, everything will have to be in the buyers name- to the point where I have zero responsibility and zero liability. Such a process would have to be made official through ford motor credit and I'm not sure if it's feasible... The monthly payment is 385 btw... Carmax's offer is only good for a week so time isn't on our side here... Good luck

[Borii]

Originally Posted by wheelman

Yeah and then you can keep the car, never make a payment and the OP is screwed. The bank will laugh at your notary-approved note and say, "Um, we didn't agree to this". And regardless, IT'S STILL UNDER THE OP's NAME so he'd still have to make payments on the car until he could recoup from the buyer. I wouldnt touch that with a 100 foot pole.

This is exactly how it works.

The only way to "take over payments" is (depending on a bank), the makes 12 payments by check to the current owner or directly to the lien holder and then the issuing bank will switch it to the new owner (usually regardless of credit) but it a year is too long.

Bottom line, people need to treat this like they are buying a car from a dealer.

A notary is not legally binding AT ALL. In the LEAST. It does not trump the original contract. All a notary does is legally certify that you guys were both there and agreed to X arrangements in case a suit becomes necessary, culpability is a non issue.

The original loan payments or non payments for that matter go to the default or benefit of the original applicant.

[Cervantes107]

Still have the car? Clean title? 21,500?

[coyote414]

Originally Posted by Cervantes107

Still have the car? Clean title? 21,500?

Rear bumper got bumped, paint damage is still there zero structural damage on the bumper it's super minuscule... Not a dime under 22k

---------- Post added at 07:36 AM ---------- Previous post was at 07:31 AM ----------

Originally Posted by Cervantes107

Still have the car? Clean title? 21,500?

I'm just waiting for ford to reimburse me for the maintenance plan than I was goin to sell it to Carmax as soon as that processed... But i will hold off for a serious buyer. (ford said it could take a week or two to process and that was on Sunday)