I got a letter from kia wanting to purchase my car a 2015 kia optima. I still owe 7000.00. Do you think they will pay off the rest?

Mark Gamble | Sep 17, 2021 | Category: Kia dealer in Philadelphia, Pennsylvania

Value Kia - All questions

Address: 6915 Essington Ave, Philadelphia, PA 19153, USA

no no | Sep 17, 2021

Yes you can get a new Car note.. . but you will still be responsible for the previous $7,000 that you owe, they will buy your car but it won't be for what you pay for it. They will give you an appraisal and they'll pay you what they think the car is worth. The remaining balance will be your responsibility thru self or financing the car. But as far as your old previous bill they may say they will but it will still reflect on your credit report from your previous financing company... So I personally would ask the company your financing with now if you do who is responsible!!! For the existing bill be straight up because they won't.

Value Kia | Sep 17, 2021

Hello. Yes. Absolutely. We will pay off the balance if we make a deal.

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