Mvoing from USA - Can't import my car - What do I do?

[screamingmoon]

I have a car but my bank wont give me the letter to import it. So now what? I have a 792 credit score but dont have funds to pay it off. If i sell it, it would be at a loss and still wouldnt be able to get rid of the loan. I have no one to take over the loan for me. I cant afford to move, pay toronto rent and still leave the car somewhere while buying a new one. I do have a job and have to start in a month

 

[scylla]

You can't import the car without your bank's approval. So you either need to convince your bank to give you that approval - or find a way to get rid of your car in the US. You'll probably have better luck with question on forums dealing with US financial matters.

 

[links18]

Refinance with a loan company that will allow you to export? Get a personal loan and pay off the auto loan? Max out your credit cards and pay off the auto loan and then take out a Canadian loan later secured by the car when it is imported and on Canadian soil and use the proceeds to pay off your credit cards? There are options, especially with a 792 credit score. You might not break entirely even though.