How do I sell my car before moving to India?


#1

So I have two cars.

One is completely paid off and I have the title. But the other one is not and still have some $8K left on it.

What is the best way to sell the car before leaving? Do I take it back to the place I bought it from (a Toyota dealer) or shall I take it to CarMax or something like that?

The loan is from Wells Fargo and should I be contacting the bank before selling?

Thanks


#2

All depends on the city you are located… If there are any CARMAX near you try to go and get a valuation from them. Usually they pay much higher than the dealer. It should be easy to deal with them too.


#3

Do they accept cars with loans pending? Not sure.


#4

They do payoff the loan and will give you a check for the balance …


#5

I didn’t know this. Thanks @enatacorp


#6

Are you sure about this? Usually they low ball others isnt it?


#7

In my experience Carmax has a better price than dealers. In the process of working with https://www.vroom.com/ to sell a car. Can share my experience if we decide to sell it to them.


#8

I sold to CarMax as well. Neat job, only took me an hour or so for the full process. They handled everything from evaluation to document processing etc.
Quick note - Keep your sales docs handy with you, you’ll need it later. In my case, the guy who bought my car went on to get tickets from toll roads, while I was in India, and when I called up toll service to claim dispute, all they wanted was proof of sales. I had to email it to them.

Let us know how vroom handles your situation.