You can sell it but you need to obtain enough to pay off you creditor so you can obtain title and change it over to new owner.
Of course YOU WILL LOOSE YOUR HOUSE IF YOUR BEHIND ON PAYMENTS.
no more than 2 payments
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
Co-borrowers would both have to agree to sell and sign the paperwork to sell a car you are making payments on. This could not legally be done by one person.
if you are behind on payments then yes they can
two
Yes you can sell it and even have it registered to the new owner, but the lien will remain on the vehicle until its paid. The new owner can make payments to you but if they fall behind it will land on your shoulders. The best bet is to have the new owner pay you the amount of the loan upfront as payment for the car, therefore you pay your loan and they buy their car.
Depending on how many payments your behind. If you are behind a great margin I think they would to try to make back the money lost but if you're one or two payments behind they will give you a chance to catch up and if you fail to make any payments after they contact you they will sell.
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.
Only if you stopped making payments and are behind on your on your payments.
oiuo
Someone cannot sell his car if there are still some pending payments on a loan. It is however possible to enter an agreement with the financier so that the remaining payments can be financed by part of the proceeds from the car sale. An extra interest payment may be charged for that.