Just to inform everyone, you CAN take over payments on a Ford Credit financed vehicule.
I sold my 2005 FX4 F-150 about a year ago to a buddy of mine this way.
All you (buyer) need is to pay 125$ to get a paper work done by Ford at any dealer and then you have to pay 1 tax on the sale price.
I had over 29,000 left on mine and made my buddy a receipt for 20K and he paid less tax this way ;)
Good luck in your sale Adam. Sorry to hear you have to sell it.
------ EDIT ------
P.S. I also had 0% financing and that is the rate my friend got too.
The only thing is you can make the payements any longer. If the original owner has 42 months left, you have 42 payments to make!
My friend gave me 600$ cash because I had a fiberglass toner cover that I had bought for more than 1,000$. I could of sold it for an easy 850$ but did not want the hassle of removing it and risking damage.
I sold my 2005 FX4 F-150 about a year ago to a buddy of mine this way.
All you (buyer) need is to pay 125$ to get a paper work done by Ford at any dealer and then you have to pay 1 tax on the sale price.
I had over 29,000 left on mine and made my buddy a receipt for 20K and he paid less tax this way ;)
Good luck in your sale Adam. Sorry to hear you have to sell it.
------ EDIT ------
P.S. I also had 0% financing and that is the rate my friend got too.
The only thing is you can make the payements any longer. If the original owner has 42 months left, you have 42 payments to make!
My friend gave me 600$ cash because I had a fiberglass toner cover that I had bought for more than 1,000$. I could of sold it for an easy 850$ but did not want the hassle of removing it and risking damage.
2007 CD Silver ST **** FOR SALE ****
2014 Performance Blue ST **** SOLD ****
2016 Ford Edge Sport Shadow Black
2014 Performance Blue ST **** SOLD ****
2016 Ford Edge Sport Shadow Black