Engine blew but i still owe money on my car
WebFeb 21, 2024 · How can they take my car if I still owe money? This is precisely why the lender can repossess a vehicle if the borrower has failed to pay. ... So I have this car where the engine blew up 5 years ago. It charged of later in the year with only $4200 dollars on it. The bank has refused to take it for obvious reasons. WebMay 5, 2015 · The problem is that I recently (4 months ago) bought and financed a $7,000 vehicle and the engine is likely going to need to be replaced.I'm trying to work my way back into the good, but I got into a $7000 vehicle 4 months ago, and now the engine is looking likely that it will need replacing.
Engine blew but i still owe money on my car
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WebSep 21, 2024 · This way, you can still use the car and pay your parents (or another person) back over time. Be sure to contact your lender first to see if this approach is allowed. … WebSep 14, 2024 · If your engine blows up, you may be able to file a claim with your car insurance company. The reason for the engine failure and the types of coverage included in your policy will determine whether ...
WebJun 12, 2016 · I currently owe $5442 left on it and I just blew a rod in my engine and it is currently not running. According to the mechanic it would cost approx. $3100 minimum … WebMar 7, 2024 · When your car breaks down and you still owe money to the bank for the vehicle, you have a few options: Roll it over. You can add the debt from your old car to a new car loan and pay both cars off simultaneously. Pay off the loan. Depending on how much you owe the bank for your car, you might be able to pay off the loan and move …
WebWe only owe about $4400 on the vehicle loan still and the quote for a new engine is around $3000. The car needs some other repairs but we can do those ourselves. In total we are looking at about $5000 to have our car back up and running on top of the $1000 we have already paid having it looked at and towed. The car is only worth $5000 - $8000 ... WebSep 4, 2024 · If you've only had your car for a few years now and still owe a lot of money on it, you would be the perfect person to consider rebuilding your engine. More often than not, though, people scoff at the idea of …
WebMar 26, 2024 · So all together I make around $2600 a month (gross). Now, I have no credit and the bank is going to try to put me in a any kind of ugly cheap car just to build my credit, and I know they are...
WebWhen I was in New Mexico my engine blew. I had no warning whatsoever. ... Not to mention I still owe $3,000 to the bank on the car. So now, I have a useless vehicle. I am out more than $400 for the diagnostics, and I have to dispose of the car. ... About a month ago my car had an issue with the engine and when I contacted them to inform them of ... horse trailer lock replacementWebThe value of a vehicle with engine problems depends on numerous factors including the year, make, model, mileage, condition, location, and more. If your engine blows up on … pseudophakia of right eye icd 10WebJun 13, 2015 · Take out a small loan to help you pay for repairs at a credit union or small loan lender with reasonable interest rates. The key is to avoid digging your hole any deeper by sinking your money into a dead car or trying to shirk off your loan responsibilities. You are almost guaranteed to regret these decisions in the future. horse trailer loansWebMay 7, 2009 · I've received some unfortunate information today that my car has a blown engine. I currently have a loan left on it of 1800. To repair I'll need to pay $5700. I'm still waiting for a trade in value. A … read more Rick MBA 26,915 satisfied customers Can i get back extra payments made to my finance company as horse trailer loan ratesWebDec 9, 2024 · This problem reportedly stems from a defect in the design of the engine block and cylinder head, as well as an inadequate seal on the head, which then allows coolant to seep into the combustion chambers. horse trailer loan termsWebAug 10, 2024 · Let’s take a look at some of the things you can do if your car dies and you still owe money on it. Option 1: Voluntarily Surrender Your Car. If your car is no longer running and you can’t afford to repair it, one option … pseudophakia pupil reactionWebSelling your car to a dealership typically means much less hassle. Price - If your car has good trade-in value (a model that’s in demand, has low mileage, or is in good condition) and you have the time and patience to handle buyers, selling to a private party might be the way to go. If you have a car of lesser value and don’t want the ... horse trailer loans for bad credit