Good question, do you where the car is? If so, you can go get it yourself. Have you contacted the person and told them to bring it back? If you have, they wont, you can report it stolen in most states. If that doesnt apply, email me.
If the dealer holds the lien and is the one that loaned you the money to purchase the vehicle he can repossess the vehicle if you fail to make your payments on time. Otherwise the selling dealer has no claim on the vehicle whatsoever.
It depends on the insurance company. Some insurance companies will cover the vehicle when it is loaned to someone else. Many have restrictions that they will only cover someone of a certain age or older.
No. Most (99.9%) of the lenders require you to maintain Comp.& collision Ins. on the vehicle the money was loaned for and secured by. If you fail to do this the lender can, and in most cases, will put this Ins. on the vehicle and you will be charged. The charge for Ins. placed on the vehicle by the lender will be quite high, and it is then added to your payment. If you get your own Ins., the lender will cancel the ins. they placed on the vehicle.
If that loan company loaned you money and you used the car as collateral and failed to make payments on time, they can, and will repossess the car.
In the eyes of the law....YOU would still be liable....unless you have evidence that shows the driver of your car operated it in an irresponsible manner....(remember it has to be, "Beyond a proponderance of a doubt.") otherwise, YOU allowed someone to drive a vehicle belonging to YOU, and YOU loaned that vehicle to another person knowing their was no insurance on said vehicle.....see where this is going?? I was a Police Officer in the United States Air Force for a few years..... Hope this helps even though I know it is not what you were hoping to hear... Randy G.
Yes. A license cannot be 'loaned' to someone else.
You need to sue them in court and win.