0
You can do what you want in that regards. You will still be liable for the payments and the bill will still come in your name. Check with a third party loan company. They may have high interest risk policys they can offer.
Wiki User
∙ 19y ago
Add your answer:
Earn +20 pts
What happens when you sublease a car and the company that you leased from goes into liquidation?
You will have to make the payments to the company that purchases their assets, it doesn't mean you get a free car.
Making car payments can your car be repo?
If your paying for the car, they cannot!
If your car is in the shop but you are still making payments can they repo the car?
Not as long as the payments are current and have remained so.
Is it illegal to sell a car when your still making payments on finance?
No its perfectly legal and if you are still making payments on it, that increases values.
If you own your car or house and are no longer making payments should you still have insurance on them?
If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.
If you are making payments to the bank for your car does the bank have your car title?
no,you should have title.
Can your car be repossessed if it was in an accident and nearly totaled?
If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.
Is it illegal to take a car out of state when you are still making payments on it?
Not as long as you continue to make payments on it.
What are the consequences of not making car payments?
If you do not make car payments you will default on your loan or lease. It will ruin your credit and end up with a repossession.
You stop making payments and they come get the car can they take you to jail for not making the payments?
No, once the car is repossed by the seller, you will not be arrested but the company will often resale the car at auction and can sue you for the remainder of what you owe including interest.
Would your car dealer have you locked up for not making payments?
No, they'd repossess your car.
Can a finance company repossess your car when you lose your job?
Only if you stopped making payments and are behind on your on your payments.
