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no you can not unless you are selling it for them and giving them the money you sold it for
Another scenario: Let's first do a gravity check here. If you have an outstanding loan on a car, you don't own it at all. The lender owns it, as they are the ones who have the title. That said, if one defaults on payments of "your" car, the one you are supposed to make payments on every month, the "owner", in this case the lender, can repo it and sell to whomever they wish, without your consent.
Basically, the lender will presume that if someone is not making the monthly payments, then they no longer want the car. Doesn't matter what the circumstances are. If one is having hardships paying on that car loan, then they need to, right now, go talk to the lender before the repo action is put into place.
Also, if someone defaults on a car loan, it also gets reflected in ones credit history, and will lower your FICO score, making it harder to secure any kind of loan(s) in the future.
What else can I help you with?
Is it legal to sell a car to someone who has NO income?
If you are the owner of a car, you can legally sell it to anyone you choose. If you sell it to someone who cannot actually afford to pay for it, you may never get paid. But it is up to you, whether you wish to trust your buyer or not.
Can a co-owner sell a car without the primary owner?
No, a co-owner cannot sell a car without the primary owner. Both people have to be present for the sale of this car to go through.
Can a primary owner sell the car without co owner?
No, a co-owner cannot sell a car without the primary owner. Both people have to be present for the sale of this car to go through.
What can you do if you cosigned on a car title and you want to sell the car?
You cannot sell the car as you do not own it. The only thing you can do is try and persuade the owner to sell the car.
Is it legal to sell a car to someone making payments to me?
Yes you can sell it and even have it registered to the new owner, but the lien will remain on the vehicle until its paid. The new owner can make payments to you but if they fall behind it will land on your shoulders. The best bet is to have the new owner pay you the amount of the loan upfront as payment for the car, therefore you pay your loan and they buy their car.
What is an auto lienholder?
A lien holder is someone who has a financial interest in a car. It could be the bank you financed it from, or someone else who the car owner owes money to. The car owner's name is on the title with the lien holder's name so that you can't sell the car without the lien holder signing the title...this means that you don't owe the lien holder any money on the car. The car is now 100% owned by the title owner.
Can someone drive a car that is only insured the owner if the owner is in the backseat of the car?
Yes.
Can a dealer sell a car to someone in California with an expired drivers license?
Yes, a dealer can sell a car to someone with an expired license. A dealer can sell a car to someone who doesn't have a license at all.
Is owner notified when someone is arrested in there car as driver?
I believe if the car is registered under the owner, they will be notified.
What to do if someone wants to sell a car with out a clear title due to the death of original owner who didnt sign off on title?
A title that is not clear typically means it has a lien on the car meaning money is owed to someone and the car was used as collateral. It doesn't mean someone didn't sign the title.
If car is paid in full does the primary owner need co-owner to sell car?
If the other owner is on the title then they are needed. If the other individual was just a cosigner on the loan then they are not needed to sell the vehichle. This information should be on the back of the vehichle's title.
Can you sell a car for a dollar?
If you own the car, you can sell it for whatever you want. You can even give the car as a gift to someone.
