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You want to put your car up for take over payments how do you do that?
Wiki User
∙ 16y ago
Put an add in your local for sale and want adds, and advertise it as take over payments. BEWARE , there are some people who may say they will pay and wont but you will still be liable for the payments. Get the transaction in writing.
Wiki User
∙ 16y ago
David O'Neal
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Does a co-signer have the right to take the car if you are behind on payments?
When you fail to make payments, they go after the co-signer. It can affect his credit. If he makes the payments he can take the car. You wouldn't want to make payments for someone else's car.
What is a car take over payment?
This is usually a situation where someone owes money on their car, but cannot make the payments or they want to get a different car. They will offer the car up to you in exchange for you taking over the car payment. Essentially, you just take over paying what they owe and you own the car.
Can I have someone take over payments of my car?
You can have someone take over the payments if they meet the credit requirements of the bank you have the financing with. You might also be able to get someone that wants your car to get their own financing to pay off your car.
If you can't make the payments on your 2004 SUV what can you do?
Renegotiate the loan with the lender. Sell the car to someone else or have them take over the payments. The very last thing you want to do is default on the loan.
How can one get someone to take over car payments?
The best place to go for advice about someone taking over car payments is the local bank. They will be able to offer advice about what to do if someone is no longer able to pay their car payments.
Can you take over car payments?
Yes, with the agreement of the finance company.
How do you take over car payments from someone else?
Contact the lender and get their approval.
Can someone take over car payments in a vehicle sale in Texas?
Yes
If you have a car and someone else makes the payments can you take it back whenever you want if payments are being made.?
Could you be give us a little more info?? Whose car is it??who is making the payments???
You live in Florida you bought used car with an APR of 16 high monthly payments you have had the car for a year and you can not afford payments anymore Without ruined credit how can you get rid of car?
You have to sell the car. If you give it back, it will still look as a repossesion...a voluntary repossesion. You do not want someone to take over the payments,as there is no guarantee that the payments will be made on time. Sell the car or try to refinance the balance, it is the only way. Good Luck..
Can you take over a car payment without going through the bank?
You must have approval from the lender in order to take over the payments on a loan.
How do you take over payments on a car loan?
Contact the bank or finance company that holds the note on this car. They can transfer the loan to you if you qualify.
