What to do when wanting to sell useless crap?
My useless crap is my Mazda 3. It's not a useless vehicle, but is useless for my current personal situation. I will do a little back log on my car. Bought my car at close to "peak" economic condition and was setup with a fixed interest rate of 8%, and then I financed some debt consolidation, tags, extended warranty, and GAP insurance on top of that. I also paid $2k down so that made the debt a little less painful at the time. I bought a bike in the summer and paid cash and insurance up for a year, so I could better position myself to let my car go. I owe roughly around $18.5 and it's an 2007 with almost 15k miles. Another reason why I bought a bike so I can let the miles settle on my car.
My dilemna is with the current economic situation I basically would have to give my car away to make someone buy it. I'm really too tight on cash to just give my car away. I roughly have around $5k in cash to put towards the negative equity in my car. I also have my bike that I could finance $2k out of to get some more cash to fund the negative equity. I have some mods on the car that I would like keep on the car, but is a deal killer for most buyers. If I kept the mods on the car I feel I could sell it for $15-16.5k (depending on the buyer), but without the mods I could probably only get $13k for it. That's a little over $3k less than what my car is valued through KBB.
Selling my car would put me in a much better position than what I'm in. I'm currently still capable of saving at least $150/month, but I would like to be able to save more, and my car is the biggest asset I currently own. Over $500/month is going down the drain for this car. I have no INTENTIONS OF EVER FILING BANKRUPTCY, and I'm in no position to currently have too. I just really want to sell my car.
Any good websites that are fairly inexpensive to list cars? Anyone know how much Autotrader or EBAY charges to sell a vehicle. This process will be a little bit longer, since Chase has a lien on my car, and I would have to wait for everything to clear. The ending transaction could easily take a month to get everything cleared through my bank and on Chase's end. I don't want to take a big loss, but I'm willing to take a loss, since I could make up over $6k in 1 year from liquidating my car. Right now I wouldn't want to sell my car for less than $13k with none of the mods. Anyone that has any ideas of what we be a cheap or fairly costly alternative, please let me know.
LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0