selling rv when you still have financing
I am deciding if DH & I should sell on consignment or try to sell it ourselves. Coach is 2013 and we purchased new 9 months ago. We still have financing and want to know how hard it would be insuring ...
Forum Discussion
Most of the time if you sell it yourself you would go to the finance institution with the buyer to pay off the loan. You and the finance institution would give the buyer a bill of sale to use while waiting for your finance company to send the buyer a signed pink slip/transfer of ownership.
If the buyer doesn't have cash then they would have to get fianancing and have a check to pay off your loan. You may have to meet with the new finance company and bring paperwork.
Consignment is easier but you will lose at least 25 % of the sale amount.
If the buyer doesn't have cash then they would have to get fianancing and have a check to pay off your loan. You may have to meet with the new finance company and bring paperwork.
Consignment is easier but you will lose at least 25 % of the sale amount.
