I'm planning to exit UAE soon but I have a Chevrolet Captiva sport edition on my name against a car loan. its been only 6 months and now Im wondering how to dispose this off ? I have two options.
1 - Contact the bank and figure out how much the repayment amount is. Advertise and find out if there are buyers with cash who will pay the amount in bulk.
2 - I have some relatives here in Dubai, into whose name I can transfer the loan. (not sure if he'd be eligible for the loan, the best i can guarantee is that I'll have to send him money every month)
What would you suggest ?