payments

Asked by Aug 18, 2019 at 11:28 AM

Question type: Car Selling & Trading In

a buyer is interested in purchasing my car however he wants to make
payments.  How is this handled

3 Answers

620

Buyer should make arrangements with their financial institution of choice to get a loan. You get paid in full and buyer makes payments to their financial institution.

1 people found this helpful.
117,095

It is handled by one word, NO!! As the above poster said, the buyer is responsible for getting their own financing so you can get payment in full at the time of the sale. Now if the buyer wants to give you a cash deposit to hold the vehicle for a few days or a week that's fine. But the total balance needs to be paid to you when the buyer comes to pick up the vehicle and complete the sale. Hope that helps! Jim

1 people found this helpful.
235,415

He goes and gets a loan. This way you get paid in full.

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