Selling a Car on Seller Finance | Step by Step
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- Опубликовано: 7 июл 2024
- In today’s video, Pace Morby lets his head Top Tier Transaction Coordinator, Molly Tennant, and Turo car flipper, Angelo Pena, take over the video explaining the full process of buying/selling a car on seller finance. Molly dives into the paperwork that is used when you seller finance a car, and how important a transaction coordinator is. Angelo talks about his Turo business and what he looks for as the buyer in a creative finance transaction. If you’re looking for a new car or want to sell a car, doing it creatively could be the solution for you. See all the paperwork for these types of deals below!
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► The Paperwork You Need!👇
paceapproves.com/vehicle-fina...
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Chapters:
0:00 - Intro
3:17 - Selling my car on seller finance terms
4:39 - What is important when buying a car for Turo purposes?
6:19 - Process of selling a car creatively
10:02 - What does a TC do?
12:30 - Documents to use when selling a car with creative finance
14:43 - Angelo’s Turo business model
19:08 - Additional costs when using Turo
20:26 - How to contact Angelo
20:41 - Scaling your Turo business
22:11 - CapEx for cars
23:24 - Buying other businesses to help with Turo fleet
24:54 - What does the future hold?
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⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a RUclips video for entertainment purposes ONLY ❎
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What would the process look like for a regular seller finance on a car? Meaning, the car is already paid off.
Thank you Pace and Team
Ty!
🤣🤣🤣Just cross your arms in front of you , close yours eyes and nod your head real quick as you grant each wish like "I dream of Jeannie". Don't forget to say" Yes Master, ur wish is my command." All jokes aside, you guys are awesome!
Appreciate you guys
Love it
Awesome Job guys! Also so excited to meet everyone at Squad up summit
Awesome video, We want to THANK EVERYONE who helped to make this video possible. 🎉🎉🎉🎉🎉❤
Thank you for your videos! I’m trying to learn from you with several of your videos as I’m trying to do the same with my suv!!
Pace met you last year in SD at Traffic and Conversion you told me you were an ice cream review but love your videos man very helpful keep it up!!
What another GREAT video ❗️❗️❗️….Thank you so much for putting this out here❗️…What a great community❗️❗️
Best community! 🙌🏽
Good stuff!!
Thank you Paul!
Seller financing works for houses, cars, and businesses, great video!
Yesss 🙌🏽
Thanks pace Molly and team for sharing step by step! Super engaging video lol @pace throwing in “but why not” from the back 😂
Glad you enjoyed!
Awesome video. Can we get a comprehensive video like this for vehicles that are free and clear? Any different paperwork,same paperwork, any security for both you and the seller for the payments etc.
Listening while getting ready had me hearing "Churro" at first 🤦🏼♂️..Thanks for the info Pace. Also Thanks Eric,I know the camera business takes some work.Good job
Thank you Ricky! Glad you enjoyed
What kind of tracker do you use for the vehicle? There are some that are easily removed and I would like to avoid those.
Do we know when part two will come out? I think this is something my husband would really enjoy doing.
Can you give us the game for the insurance part?
As the seller, aka the "secondary insured", am I liable if the buyer (primary insured) is in a car accident and hurts someone?
Pace This is still a Straw Purchase. If the Finance Company finds out they will repo it in a second. I am a Broker but 26 yrs as a Texas Car Dealer I have alot of knowledge in this business
They’ll find out if a snitch tells 🥴🤡
They won’t find out unless human or situation is presented in the finance
Long as they get paid every month
It’s smooth 💪
Snitches get stitches 😂
Man hey I been there .where they told on me
28 years in The Car Business believe me nobody has to say a word they'll find out
Goat
Thank you🤝🏽
How can I sell my car subto in CA ...need help if somenone already have done
I am looking to buy a car using this method..looking for something Electric
Squad up in the free Facebook group: paceapproves.com/communityytc
Anyone ever do an RV. I have rv that i am wanting to sell and would like to do a sub lease.
Join the free Facebook group and drop the information in there: paceapproves.com/communityytc
This is so Wrong Especially in Texas