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A co-buyer can move out of state with car as long as car payments are current. The co-buyer should update the new address with the lender.
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∙ 9y ago
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If you are the cobuyer of a car and also the cosigner and you have made all the payments and are ahead can the other buyer take the car?
Daughter and husband are getting divorce and she is the co-buyer can she take it out of state
Can an original buyer repossess a car after a verbal agreement which is in the first month of default for nonpayment?
IF your name is on the TITLE as buyer or cobuyer, you have the right to POSSESSION. Do you know where the car is? Do you have a key?
Move car from state to state?
Yes, you can move a car from state to state. The state will require you to register the car with that state and pay any fees associated . Each state gives a grace period to register the car, so check the state DMV for timelines and forms. I imagine you can find that online for the state where you are moving to.
How do you move to another state?
By car/ train/ foot
Does the buyer have to be at the trade of a vehicle when cobuyer trades?
Yes
Can I buy cheap car insurance in California and then move to another state and have it still apply?
No, you must change your car insurance when you move
Can your car be reposessed if you move to another state?
Yes, your car can be repossessed. I ship cars for a company that repossesses cars out of state all the time.
Can a buyer remove a co-buyer from auto loan?
Well, it depends how the title was written. if it says buyer "or" cobuyer you dont need the other persons signature for anything .... if its written with "and" between your two names, u will have to have both people present to complete any removals or transfers. That or you can have the cobuyer sell u the car. They will still need to be present though.
If a contract was signed in Chicago IL can the car be repossessed in any state?
Yes, your car can be repossessed in any state if your contract was signed in Chicago. You can not move to a different state and keep your car without paying for it.
Can a cobuyer refinance a auto loan and remove the buyer from loan?
Buy cobuyer I wonder if you mean cosigner on a loan. If this is the case then the answer is no. As a cosigner you are simply agreeing to pay the loan if the person who took it out does not. It is in his or her name and you are responsible for it if they do not pay it.
If you move to a different state and want to change your insurance do you go to new driver status in that state which brings your premiums up?
Rates vary from state to State, so if you move and register your car in that state, the rates will change.
What happens if up you stop paying your car loan and move to a different state?
It is a felony if you take the car across state lines and you are no longer paying on your loan.
