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Yes, with the agreement of the finance company.
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∙ 15y ago
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Can I have someone take over payments of my car?
You can have someone take over the payments if they meet the credit requirements of the bank you have the financing with. You might also be able to get someone that wants your car to get their own financing to pay off your car.
How can one get someone to take over car payments?
The best place to go for advice about someone taking over car payments is the local bank. They will be able to offer advice about what to do if someone is no longer able to pay their car payments.
How do you take over car payments from someone else?
Contact the lender and get their approval.
Can someone take over car payments in a vehicle sale in Texas?
Yes
Can you take over a car payment without going through the bank?
You must have approval from the lender in order to take over the payments on a loan.
You want to put your car up for take over payments how do you do that?
Put an add in your local for sale and want adds, and advertise it as take over payments. BEWARE , there are some people who may say they will pay and wont but you will still be liable for the payments. Get the transaction in writing.
What is a car take over payment?
This is usually a situation where someone owes money on their car, but cannot make the payments or they want to get a different car. They will offer the car up to you in exchange for you taking over the car payment. Essentially, you just take over paying what they owe and you own the car.
How do you take over payments on a car loan?
Contact the bank or finance company that holds the note on this car. They can transfer the loan to you if you qualify.
How can you take over car payments without transferring the car loan to your name?
Write a check to the finance company every month
Can the co buyer take over the car if the buyer hasent made any payments?
yes because you have rights to the car also
Is it illegal to have someone take over payments without putting the car in your name?
Only you would have that problem.
Does a co-signer have the right to take the car if you are behind on payments?
When you fail to make payments, they go after the co-signer. It can affect his credit. If he makes the payments he can take the car. You wouldn't want to make payments for someone else's car.
