Menu
Expat.com
Search
Magazine
Search

Financed Car - How to Sell it when moving out of USA

G
#1
My car is financed and I'm leaving the USA for good in a couple of months.

I called the bank and they told me to check with the dealer from where I bought the car that they usually buy it back (of course for a very low price).

So, I went to the dealer and I was in shock by what they advise me to do. The guy said I had 2 options: sell the car for a dealer such as CarMax/Carvana, etc. or, if I did not care about my credit score, to stop paying the instalments and abandon the car. I was SHOCKED by what he was saying to me. I could not believe that a big dealer in Florida would give such advice to somebody.

Does anyone recommend a car dealer that buys financed cars?

Any other suggestions?

Thanks!
See also
dmd0705
#2
You can find some good advice in the link I provided here. A dealer would be the last place I would sell it because typically they offer the lowest price. Use the Kelly Blue Book website to find the value of your car, sell it yourself, and pay off the loan.
https://www.consumerreports.org/used-ca … -your-car/
2 members reacted to this post

The USA expat guide

Updated in 2025, comprehensive and free

Read it now
USA
G
#3
Thank you!!!
Darknez
#4
I can not disagree with a large number of people who criticize the services of car rental. But on the other hand, I understand that it is extremely convenient, in this regard, I have a reasonable question - are there any good and high-quality car rental services? What do you know about this service 14CARS.com (it recently appeared in my city)? And is it worth it to rent a car?
1 member reacted to this post
HelpyDandy
#5
I had have this kind of problem when used car rental Miami near the airport. So, I`ve prepared to a geek trip by the Florida roads. And what you think? In my Rav4 all the road way Bluetooth was on. I don`t think it is a big cost to repair, bc the insurance didn`t talk smth about it.
Need a rental car in the USA?
Find a car rental agency
jland912
#6
I would advertise it for sale or find someone to take it over.

Jim

Essential services for your expat journey

Choose the best health insurance
Choose the best health insurance
Protect your health and get easy access to treatment for expats in the USA.
Plan your international move
Plan your international move
Facilitate your move to the USA by getting a quote from our top rated movers.
Open a bank account that suits you
Open a bank account that suits you
Discover the best international banks to manage your money securely.
International life insurance
International life insurance
Simple term-life insurance covering you & your family across borders
Other discussions on transports in the USA
Ask your questionOther discussions about cars and transportation in the USA

Further reading

The American lifestyle
The United States is a vast country that is made up of a diverse group of people. Life, landscape, and culture can ...
The school system in the US
Education is highly valued in the United States, and there are a variety of schooling options available, from ...
International schools in Miami
Miami, or the Magic City, is one of the most exciting cities in America. Shaped by its Latin American, Caribbean, ...
Dating in the US
Dating anywhere in the world can be nerve-wracking, but dating in a foreign country can be especially ...
Setting up a business in the US
Lots of people dream about being their own boss and starting their own business. The United States is famous for ...
Accommodation in the US
As you're probably aware, the United States is a vast and diverse country with as many different ways of ...
The US health system
Healthcare in the United States can be a double-edged sword. On the one hand, the country is known for its ...
Connecting to the internet in the US
Keeping in touch with loved ones is important no matter where you're living – and a good WiFi connection ...