Selling a rig your upside down on
Like many people, we are over our heads. We have a really good 2012 Keystone Cougar Xlite 29RES, that we owe $30,000 on. However, it retails for closer to $25,000. Trade value is considerably less. S...
Forum Discussion
GoldWingRyder wrote:If you do this unless you switch the loan over to the new buyer you are still liable. The new buyer makes one or two payments, trashes the trailer or runs off with it or both. Unless you switch it over you are still on the hook. I doubt that anybody would do this..
You might advertise it as a take over payments!?
B.O.
