0
You still owe the finance company the balance owed.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Is it illegal to part out financed car?
Yes, if it isn't completely paid for.
What happens if a vehicle is insured by you but financed in your fiances name and he passed away in the accident?
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 :(
Can you register a financed car?
You can, should, and are legally required to register a financed car.
What does the lender do when a financed car is totaled and there is no insurance?
Sue the owner of the car, since the owner was likely required to carry insurance as part of the financing deal.
Car broken and needs repairs and it is financed?
car is broken and needs major repairs but is still financed how do pay for the repairs
Average amount financed for new car?
What is the average amount financed in an auto loan
What percentage of new car purchases are financed?
73% of new car purchases are financed, according to this website: http://www.newcars.com/how-to-buy-a-new-car/auto-financing.html
Do you need insurance on a financed car in NJ?
You ALWAYS need insurance on a financed car, and it has to be full coverage. Doesn't matter what state you're in.
How do you sell a personal financed car?
repossession
A financed car that's not drivable?
That's a statement, not a question. What are you asking about the car?
What happens to ownership of a car on death?
It is a part of the estate.
If your car is financed through a dealer do you have to have full coverage insurance?
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.
