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.
sign the title over to the person buying the car
You must have approval from the lender in order to take over the payments on a loan.
if you are late 15 days on your payment they can take your car away.
You could take over the car and the payment or sell the car and then pay the loan. I recently found out that the family doesn't have to pay the bills of person who died. This is an option, but the credit card companies don't want you to know this. It is the same with the car loan.
they'll take your $, call them.
Yes. Obviously!
No because you are going to make a payment for that car already!
If you have a spare set of keys.
Well, if you are under 18, he can certainly take away your keys.
If you haven't payed for 4 months then they certainly can take your car.
As long as you owe them money they can take it.