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Started By
Message
Car engine blew & I have a question about getting rid of it
Posted on 1/13/15 at 12:49 pm
Posted on 1/13/15 at 12:49 pm
I have a 2002 Ford Escape. I owe around $4,000 on it. The engine blew. According to the garage a different engine will cost $3,200 or $4,300. The blue book on a running '02 Escape in fair condition is barely $2,000. I'd like to cut my losses and get rid of it. I could get $300 from a salvage yard but I can't sell it unless the bank releases the lien and they won't do that until the loan is paid off. I don't have the money to pay off the loan so what am I supposed to do with it?
20
Posted on 1/13/15 at 12:50 pm to TommyCheeseballs
#upsidedown 
Posted on 1/13/15 at 12:50 pm to TommyCheeseballs
How do you owe 4k on an 02 escape?
Posted on 1/13/15 at 12:51 pm to Random LSU Hero
Take it to Ferguson, MO & set it on fire.
Posted on 1/13/15 at 12:51 pm to TommyCheeseballs
Park it in a Riverside monitored parking lot.
Posted on 1/13/15 at 12:51 pm to TommyCheeseballs
How did you get so upside down on a 2002 Ford Escape?
Posted on 1/13/15 at 12:51 pm to TommyCheeseballs
Trade it in on a new/used car, finance it and roll over balance into your new note. You will be upside down as a mf'er in the new loan, but if you can't pay it off now, don't know if you have any other real option.
Posted on 1/13/15 at 12:52 pm to Facebookstalker
quote:
How do you owe 4k on an 02 escape?
Yeah, not one of my better decisions. I only bought it 2 1/2 years ago and it had relatively low mileage on it.
Posted on 1/13/15 at 12:52 pm to Random LSU Hero
Samething happened to my wife, it sat ing the driveway, we paid it off, and I haggled with the auto graveyard on a price and a tow...we salvaged it for 1000.00 and I never looked back
Posted on 1/13/15 at 12:52 pm to wickowick
Yea I'm trying to wrap my mind around owing that much on a 12 year old vehicle. Subtle troll?
Posted on 1/13/15 at 12:52 pm to TommyCheeseballs
quote:
According to the garage a different engine will cost $3,200 or $4,300.
Find a used engine and find a different garage. Getting it switched out should be closer to $1200.
Posted on 1/13/15 at 12:53 pm to TommyCheeseballs
quote:
a different engine will cost $3,200 or $4,300
frick that, you know what kind of rims you can get for that much?
Posted on 1/13/15 at 12:54 pm to LNCHBOX
quote:best bet
Find a used engine and find a different garage. Getting it switched out should be closer to $1200.
Posted on 1/13/15 at 12:56 pm to TommyCheeseballs
quote:
I only bought it 2 1/2 years ago
someone gave you a 60 month loan on a 2002 escape?
Posted on 1/13/15 at 12:57 pm to TommyCheeseballs
junkyard, used engine, change yourself if possible...
Now learn your lesson, and stay away from Ford crap....
Now learn your lesson, and stay away from Ford crap....
Posted on 1/13/15 at 12:58 pm to 420tiger
48 months
Posted on 1/13/15 at 12:59 pm to TommyCheeseballs
This may belong in the most expensive car you ever drove thread.
Posted on 1/13/15 at 12:59 pm to 420tiger
quote:for real
someone gave you a 60 month loan on a 2002 escape?
Posted on 1/13/15 at 12:59 pm to Bacon84
quote:
Now learn your lesson, and stay away from Ford crap....
Posted on 1/13/15 at 12:59 pm to TommyCheeseballs
quote:
I have a 2002 Ford Escape
this thing can't even go 100 mph
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