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Old 05-09-2004   #10
TheBlizzard
 
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Join Date: Oct 2003
Location: Red Wing, MN
Drives: Too Many
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The only real problem with asking for that much for you car Tom is that it would be really hard for someone to get a loan for it. They would basically have to have most of the money in cash to be able to buy it. The reason being is most banks will only give you 80% or book value for a used car loan. Cars depreciate so fast that you sometimes end up oweing more than the car is worth and that my friend is what makes buying/owning a car is almost the worst investment you can make. If I were you I would just hang onto it, or make some huge payments to get your loan knocked down a bunch and then try to sell it.

CRAIG
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