Quote:
Originally Posted by iwrock
Have a tough nut I haven't been able to crack... It involves family/money, so it's REALLY tough.
About a year ago, I bought a car off my sister - gave her exactly what she owed on it, so that she could pay it off and get the title. About 6 months ago, I asked her about the title, which she said "oh, I need to call on it, I think there was some residual still owed". Fine by me, car isn't taking up much space, and it was nice having something to small to beat around in. Fast forward to a month ago, and my problems with the F250. Wanted to sell the car to pay for part of my repair bills. Try to get ahold of my sister, and wasn't able to get ahold of her for a month....
When I was finally able to get in touch with her, she blew off the subject, telling me to get in touch with the bank on my own. Try the bank - no dice, I'm not the account holder.
Finally I decide to reach out to my brother in law (her husband). Chat with him for a few minutes, and he thought it was off that I never got the title. He does some digging and reveals to me that she never paid the car off, and that she still owes just under what I gave her, leaving me stuck with the car. I can't sell it, and now actually need the space back. (plus the money would be nice!)
What should I do? I can't think of any scenario, other than just giving her the car back, where I come out not looking like an *******. Do I just cut my losses to keep the peace in the family?
I thought about paying it off, then private selling it, but it's only worth like $700 more that what's owed on it, which doesn't really make financial sense.
*sigh*
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Is the car still registered in her name? If so, start parking in areas well-monitored by meter maids and keep forgetting to feed the meter...
Find a mask that superficially resembles her, and start trying for a new land speed record while driving past speed enforcement cams.
BTW, I hope that you were making the liability insurance payments...