You can, should, and are legally required to register a financed car.
car is broken and needs major repairs but is still financed how do pay for the repairs
What is the average amount financed in an auto loan
73% of new car purchases are financed, according to this website: http://www.newcars.com/how-to-buy-a-new-car/auto-financing.html
You ALWAYS need insurance on a financed car, and it has to be full coverage. Doesn't matter what state you're in.
I think you could only do something like that as a cosigner, because the loan originator will put a lien on the title that will have to be settled before the car can be sold or transferred.
That's a statement, not a question. What are you asking about the car?
I believe it depends on the state, but as far as I know, if you have to have full coverage on a financed car, it doesn't matter where it's financed. If you still have questions, ask your insurance person, they'll know the answer.
A "financed" car is one that is purchased with money that is loaned to you. You then make monthly payments at a certain rate and percentage for a certain number of years and months. The car is owned outright by the one who lent the money.
If the car is not financed-Yes
Legally, NO !!! can you, sure!! LOL
When your financed car breaks down, you need to get it fixed so you can drive it and keep paying your loan at the same time. If you can't afford to get it fixed, you can give the car back to the finance company.
Yes, no worries as long as that car has no defects and it is in good condition.
Because the bank owns the car. The person that financed the car did not pay the bank.
I don;t know what you mean by "Charged Off". Unless somehow they have written you off as a deadbeat and forgotten the car, which I doubt, they will come and get the car. They will then sell the car and you will pay the difference in what the car sold for and the balance on the loan. Your credit will be ruined for 7 years.
They bought and sold, transported and financed the industry.
Yes, if it isn't completely paid for.
the first car sold in us is a American car
The first car to ever be sold was in Germany and it was sold by Karl Benz.
A car bought from a dealer is usually financed by a bank they want there money not the car back
Explain to them that you shared the financed "account," and you should receive the money because they car was also your car. Though, sorry to hear about your fiance :(
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.