To refinance a car under another name, the new person will need to apply for a new loan in their name and use it to pay off the existing loan on the car. This process typically involves a credit check and approval from the lender.
No, it is generally not possible to refinance a car that is registered under someone else's name unless the owner of the car agrees to the refinancing process.
No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.
No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.
No, it is generally not possible to refinance a car loan into someone else's name without the original borrower being removed from the loan.
In order to refinance a car that is in someone else's name, you will typically need to have the current owner transfer the title to your name before applying for a new loan. This process may involve the current owner paying off the existing loan, transferring the title to you, and then you can apply for a new loan in your name to refinance the car.
No, it is generally not possible to refinance a car that is registered under someone else's name unless the owner of the car agrees to the refinancing process.
No
If you refinance a car another down payment is usually not required. I refinanced a car to lower to payments and it added another year to the payoff date of the car. I wasn't required to give a down payment.
There can be several purposes to a car refinance. The most common reason to refinance is to get a better (lower) interest rate. Another reason may be to remove from or add someone to the lease.
No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.
No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.
Yes you can refinance a car.
No, it is generally not possible to refinance a car loan into someone else's name without the original borrower being removed from the loan.
In order to refinance a car that is in someone else's name, you will typically need to have the current owner transfer the title to your name before applying for a new loan. This process may involve the current owner paying off the existing loan, transferring the title to you, and then you can apply for a new loan in your name to refinance the car.
I assume you mean how do you get your name off the car LOAN! The only ways to do that would be to either pay off the loan or have your mom refinance it under just her name (or get someone else to cosign THAT loan)
if i finance car under my son name and register my name there is any problem with insurence company can give me sales invoice under my name
The car can not be under another's name legally. Cars with a loan must be in that person's name. If you bought a car that was not paid off and the loan was not cleared you bought the car and the loan. Yes, they can get the car. That is why they put liens in the car. It prevents anyone from buying the car!