<prompt> Human: I purchased a 2011 Infiniti G37 62K miles on it today about 18 months ago while living in a city that absolutely required a vehicle. About 3 months ago I moved to a new city and now live within walking distance of work, grocery store, friends, etc. At the moment, Im paying about 650 a month 340 - loan payment 4.4apr, 210 - parking, 100 - insurance for a car a I usually drive once or twice a month and could certainly live without. Id like to sell it on Craigslist to get a maximum return on the vehicle, but want to know what I should be thinking about prior to. My current payoff is about 16K. Based on KBB value I should be able to get 12-13K, and can dip into savings and provide the 3-4K needed to fill the payoff gap as required. I have about 6K in savings and 12K tied up in investments, but feel I could quickly recover given the monthly cost reduction associated with selling the car. Im also not opposed to selling and continuing to make payments on the loan if thats possible.My questions:1. Does it make sense to sell in your opinion2. Is it feasible to sell a car I dont currently own out right3. Could I sell for cash and continue to make payments rather than paying it off in full4. What steps do I need to take with my lendor in order to complete the transaction5. Do you have any advice on how best to sell a car on Craigslist or some other vehicle listing siteThanks in advance PF!  <response>: Yes, it makes sense to sell a car you arent hardly using. The longer you wait to sell the more money you will waste on parkinginsurancedeprecation. You cannot sell the car without paying off the loan. If you wantneed to continue making payments then you could take out a separate personal loan for several thousand to replace the car loan you will be paying off.If your lender is local the sales process is easy; just go to your bankcredit union with the buyer. They put down their cash, you add in whatever extra is needed to pay off the loan, and you can fill out the bill of sale and title transfer right there. If you have a more distant lender you may need to contact them ask about their preferred process. Some will send the title to a local partner, others will have you fill out transfer documents and can mail the title out to the new owner. You can also potentially use an escrow service to handle the loan payoff and title transfer if the buyer wants to pay a bit extra to make sure you arent going to rip them off.As for Craigslist car sales it is the same as most other major private party sales. Dont take checks, money ordersunless you are standing at the sellers bank watching the money order get made out to you, IOUs or anything else except cold hard cash. Try to conduct the actual sale transfer in the lobby of your bank or their bank. 