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Where can a disabled person get a car loan?

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Wiki User
2005-02-23 08:55:09
2005-02-23 08:55:09

In the UK a Company called Motability handles this type of finance.

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Yes, it is not the banks fault you are disabled. You can conntact you loan company and they may be willing to work with you. But they are not required to change the terms of the loan.

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"he' would call local lenders until he found one willing to make a loan based on his CR and expenses and income.

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Heirs pay loan or bank takes car.

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An auto loan can be found in a few places. Any bank can provide you an auto loan, also a person can get an auto loan through the car dealership the person is buying the car from.

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I think it can depending on what is happening to that person and the car.

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The estate has to settle the title. The secondary person can be held responsible for the loan until it is resolved.

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The car goes back regardless. If BOTH of the two people are on the loan, then BOTH are responsible. But if only one is on the loan then ONLY that person is reponsible.

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You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.

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Private. I suggest getting pre-approved at your bank / credit union, and see if the dealer can beat that rate, as some dealers will arrange financing with a local bank. Private party car loan you can say it in other words personal car loan or person to person car loan where individual can get car loan without cosigner help.

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This is a hard question. Car loan agreements are dependent on your income and credit and vary from person to person.

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A person cannot include someone's income on a car loan, without their bad credit affecting the outcome of the loan. If another person is placed on the car loan, that other person will also be run through a credit check. This includes cosigner applicants.

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the permit is for the disabled person,not the vehicle. you are allowed to use it for any vehicle you ride in or drive.

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sign the title over to the person buying the car

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Yes. The leinholder (the person who has to pay the loan) and the lender (the person who receives the loan payments) is not related to the person insured to drive the vehicle.

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Auto loans are used for purchasing a vehicle of any kind. The loan is taken out by the person who purchases the car, and therefore the official payment is made by the same person.

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Quote Rack has a webpage dedicated to disabled drivers, they offer protection for both person and vehicle visit there page http://www.quoterack.com/Disabled-Driver-Car-Insurance.aspx

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No. The loan was made and the person who made it owes for the loan. To take this one step further if the car was wrecked the loan is still owed. So, it doesn't matter who drives the car.

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The owner of the car (person(s)) who took the loan on the car are responsible

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The Veterans Administration may be able to help a disable veteran secure a car loan with a bank. They also have grants available for car adaptations. You can also contact Military One Source who can help as well. Their number is 800-342-9647.

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it depends on what context you are talking abot other wise yes


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