Hi I have a car that I purchased and is in someone else posession and they are sub post to be paying the payments on the Truck. How do I go about getting the car out of my name at this point. I no long wish to have this Truck in my posession for a few reason and the other person has been driving it for sometime now. Could you please help.
Is there a New Car Buyer's remorse law in Virginia
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.
To take possession, you MUST be named on the TITLE as co-owner. the LINHOLDER will wanting to be sure the car has the required ins. coverage. IF you are on the LOAN as co-buyer, you will have to make the loan CURRENT if in default. It would work out better if you contacted the LEINHOLDER for state specific advise on the matter. If you are NOT on the loan, it could be repoed for 3rd party possession in your possession.
The buyer does, seller can sell without registration on it, it is up to the new buyer if he/she wants to register it.
A usable car that has been previously used but is new to the buyer.
Yes. My fiancee and I just did that (California). We did not take physical possession of the car, and nor did we take "constructive possession." I.e., taking the keys to the car and leaving the car on the lot.
NO, the Buyer's Remorse law only covers unsolicited purchases, not vehicles.
Did you inherit the car? If so, yes. If you did not inherit the car, then no.
You cannot return a new car unless the dealership or individual allows you to. There is no provision for buyer's remorse.
On a new car it is 3 days after you pay for it.
25-30 years old
Cause they have a buyer willing to pay top dollar for your car. So they will offer you a new one with new payments, and sell your car to the other buyer. It's all about the $$$$$