How can I sell a car with an existing vendors lien?

I have to sell a brand new car that an aging parent can no longer drive becasue of an accident. The car is 3 months old. I can%26#039;t trade it in because the dealerships will onlu give me 75% of what is owed. I have people willing to take over the payments but no one wants to reifnance it into their name because it currently is financed at 0 percent interest and any kind of interest rate will boost the car payment.

How can I sell a car with an existing vendors lien?

Hi......i%26#039;d try and hold out for a potential buyer who would be willing to take up the payments, even if the interest is boosted a bit. You didnt mention what type of car it was, but chances are someone else wants a new one like it. Of course, your not going to make any money on the deal, every car takes a big hit in value as soon as it drives off the lot. In the dealer world, if its 3 months old its considered a year old. You basically have 2 issues to weigh, take a loss on it now, or try to get lucky and keep making the payments on it to you find the right buyer. I would list it for sale in the paper, and maybe on ebay too. You need to get rid of this car ASAP. And, the new models will be arriving in showrooms in August or Sept.........Your only possible recourse is to make sure you have gap insurance on it, plus full coverage, and, oops!! I didn%26#039;t know the lake was right there officer!!!! I just parked on the top of this boat ramp to take some pictures of the swans, and the darn car just rolled into the lake!!! Now what am i gonna do?....................Its probably not the best idea, but just a thought nonetheless..........Good Luck!!!