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You must be aware of a vehicle's finance status before making a purchase. In the case where a car has outstanding finance and the person responsible for the debt defaults on their loan after you've bought the vehicle, the finance provider can seek to repossess it from you.
Although you can't inherit the loan of the debtor, you would risk being at the total loss of the money paid for the vehicle. So through full car check at car analytics website, you can get the financial details for your car.
What else can I help you with?
Can you sell your car if you still have finance owing on it?
i doubt it No, you must pay it off and get the title first
How do you find out if the owner still owe a finance company on the car you are buying?
how do you find out if the owner still owe a finance company on the car you are buying?
Can a finance company repo your car if you are current on payments?
No...if you are completely current...and have nothing owing from previous months..again no.
Dealership can not finance car do we have to give it back?
find out another dealer who can finance your car.
If you give back a car on credit does this end the agreement?
IT DEPENDS ON THE BALANCE OWING ON THE CAR,THE RULES OF YOUR CONTRACT AND THE CONDITION OF THE CAR RETURNED. MOST FINANCIAL INSTITUTIONS WILL AUCTION THE VECHILE AND PLACE ANY MONIES RECEIVED FROM THE SALE TOWARDS THE BALANCE OWING. IF THER IS STILL AN AMOUNT OWING, YOU ARE STILL LIABLE TO PAY THAT AMOUNT.
What do you do before you sell a car?
Before you selling your car, make sure the car does not have any mileage related issues, finance owing or not. Because, it is strictly unlawful to selling a car having these issues.
Can I still purchase another vehicle if I voluntarily repo my current car?
It may be alittle tough to find a finance company to finance the vehicle but you should be able to with some cash down.
Where to call to find out if a car is clear of finance?
The DMV of the state it is registered in should be able to tell you if a lien is still in effect on the vehicle.
You still have finance on your car but like a new car how can you do this?
The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.
You have finance a car and she refuse to pay because she say that car is not running?
She still has to pay with the car working or not.
Can you be arrested for owing a title LOAN anD longer have the car?
No, you will not be arrested but you are still liable to pay back the loan.
What if the finance company cannot get to the car?
They will....eventually. Regardless, you still owe.
