0
When you sign over your car title, it is like getting a payday loan. You will have high interest and a short time to pay it back. They will give you more time to pay back the loan, because they have your car title and can repose it if you are late on your payments. Be very careful when using predatory lending.
What else can I help you with?
How do you get the title changed on a car if the person who sold it to you is out of state?
You take the title and the forms signing it over to you to your state's DMV office.
Can someone get the vehicle back after signing a car title over?
Sorry to say but no. It is a legal agreement.
Can a family member take your car if you signed over the title to them for a personal loan?
Yes, if you did not pay back the loan. That is what "signing over" the car is all about.
If the cosigner on a car loan gets the loan refinanced in her name can she then sell the car or does the primary have to sign the title over?
Any title holder must relinquish ownership by signing the title release
Can you buy and sell a car the same day get the seller to sign over the title with out me signing it trade in or sell to someone else?
No
Does a will over rule a deed or title?
No, a will not over rule a deed or title. For example, if a husband and wife are married and their car is in the wife's name alone, the dead husband's will not overrule the title.
How can I sell a car privately in Louisiana?
To sell a car privately in Louisiana, you need to gather all necessary documents such as the title, bill of sale, and vehicle history report. Advertise the car, negotiate the price with potential buyers, and complete the sale by signing over the title and transferring ownership at the Louisiana Office of Motor Vehicles.
What is an open title used car?
An open title on a used car is when the title of the car is signed by the seller and handed over to an individual. This means the title is free from the previous owner, but not officially signed over to anyone specific.
What are the steps involved in selling your car to a private buyer?
The steps involved in selling your car to a private buyer include: determining the value of your car, preparing the necessary paperwork such as the title and bill of sale, advertising the car, negotiating the price with potential buyers, finalizing the sale agreement, and transferring ownership by signing over the title and completing any required documentation.
I am selling car and need to put lien on the title until buyer finishes paying. where do i sign?
I think you conduct the sale at the bank that has the lien. Once the sale is over, transfer the title over to the buyer by signing the back of the form and add odometer reading. Do this carefully or else if there is a mistake, when you try to sell the car, they automatically deduct $1500 if there is any discrepancy.
What do you do with a car title when you sell the car privately?
Take the title along with the buyer to your local DMV and have the car transferred over from you to the buyer. Do not sign the title over until you have the money in your hand, and do not let the buyer have the car until you have it transferred out of your name.
Do co-signer have to pay for repossessed car?
Yes. By co-signing they agree to pay the loan.
