[Erick Estrada]

The dealer isn't going to take your car back but they would happily accept it on a trade it in. They may buy it from you but they would likely offer you the low blue book value and depending on the model and depreciation it be a pretty bad deal for you. As far as private sale goes your loan has to be paid off before the lien can be removed and re-registered so if you don't want to lose money you need to at least sell it for what you have owing to come out clean.