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Sure. Have owner "order" title to local financing branch. Meet owner at bank, exchange funds and get title. Or, pay the owner amount over the payoff and pay bank or finance company the pay off. Get a power of attorney signed by the owner which will give you permission to sign their name on title. Most reputable car dealers can give additional info on title laws in your state
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∙ 14y ago
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What if you buy a used car and it breaks and you still owe on it?
My car is in the impound, i still owe 7,000.00 the impound put a lean. Will the finance Co. take me to collection?
Your car has been written off by your insurance company but you have decided to buy the car back and repair it however you will still owe 2000 pounds to the finance company where will you stand?
Your car has been written off by your insurance company but you have decided to buy the car back and repair it however you will still owe 2000 pounds to the finance company where will you stand?
What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?
If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.
How do you find out if the owner still owe a finance company on the car you are buying?
how do you find out if the owner still owe a finance company on the car you are buying?
What should you have before you buy a car with finance?
A Job
How can you sell your car even though you still have to pay it off?
Legally - you can't ! Until you've made the last payment - the car still belongs to the finance company, not you ! When you buy a car on HP, the finance company effectively buys the car on your behalf. They pay the seller, and recover the money from you. The car only becomes your exclusive property on completion of the final payment !Having said that - some garages will buy HP cars. They pay the finance company the remaining debt - the garage takes a percentage - and you get what's left.
How do you buy a second hand car for sale?
Either you buy it outright, or you finance it.
How used car dealer finance their car?
They making some buy and sell stuffs.
How do you know if your credit level is good enough to buy a car?
You can check to see if your credit is good enough to buy a car by filling an application. There are many car dealers and finance companies that will finance your purchase regardless of your credit score so everyone can buy a new car.
What happens if you buy a car with outstanding finance?
Before that, you have to know what is outstanding finance. It does not belong to you. It belongs to the owner of the vehicle. So, buying or selling a car having outstanding finance is unlawful anywhere.
You still have finance on your car but like a new car how can you do this?
The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.
You have finance a car and she refuse to pay because she say that car is not running?
She still has to pay with the car working or not.
