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What else can I help you with?
Is it possible to transfer car finance to someone else?
Yes, if the lender holding the lien agrees. Talk to the lender.
What is the maximum age of a car that I can finance?
The maximum age of a car that you can typically finance is around 10 years old, but this can vary depending on the lender and your credit history.
Can you return a car bought on a personal loan when you were told it was on finance?
Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.
Can you finance a private sale car?
Yes, you can finance a private sale car by obtaining a loan from a bank, credit union, or online lender. The lender will typically require information about the car, such as its make, model, and mileage, as well as your credit history and income to determine the loan terms.
How can I apply for car finance?
To apply for car finance, you typically need to gather your financial information, such as income and credit score, and then submit an application to a lender or dealership. They will review your information and determine if you qualify for a loan to finance the purchase of a car.
Can you explain how car finance works in detail?
Car finance is a way to purchase a car by borrowing money from a lender, such as a bank or a car dealership. The borrower agrees to pay back the loan amount, plus interest, over a set period of time. The lender may require a down payment and will hold the car's title until the loan is fully repaid. If the borrower fails to make payments, the lender can repossess the car. Different types of car finance include loans, leases, and hire purchase agreements.
Can a lender stop you from register a new car if another car is in repo status in Florida?
yes they can stop you , you need to return the car back to the lender in other for you to register a new car.
How do you get out of your car loan?
You can get out of your car loan by selling the car you have. You can also return the car to the finance company.
Does a finance company who has repossessed your vehicle have any rights to your new car that is financed by another lender?
No
What is personal finance mortgage?
Personal Finance Mortgage is when you as a person finances something through a bank or a lender. For instance, you can finance a home, car or an other material object.
If you finance a car, do you ultimately own it?
When you finance a car, you do not ultimately own it until you have fully paid off the loan. The lender holds the title until the loan is paid in full.
Can you return a used car to the finance company in Canada?
Yes, you can return a used car to the finance company in Canada. However, you also can consider returning it to the dealer you bought it from as well.
