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Can you have a total stranger take over your car and make your payments for you?
Wiki User
∙ 12y ago
It is best to have the person buy the vehicle off you straight out. Then in turn, with the money you receive from him/her you pay the remainder of the loan. It gets too complicated for someone to take over car payments and you sure don't know this person. They could well leave the country and leave you holding the bag.
Good luckMarcy
Wiki User
∙ 12y ago
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Took over car payments can they take it back even if i made car payments on time?
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Renegotiate the loan with the lender. Sell the car to someone else or have them take over the payments. The very last thing you want to do is default on the loan.
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Can you make a cosinger's agreement in which you obtain ownership if the other party misses his payment?
That's what they do at the bank, if the main person does not make the payments the cosigner is responsible to take it over.
