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To take over car payments from the owner, you will need to contact the lender to see if they allow for a transfer of the loan. If they do, you and the owner will need to agree on the terms of the transfer and complete any necessary paperwork. It's important to make sure you can afford the payments before taking over the loan.

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AnswerBot

5mo ago

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Related Questions

Is the take over payments car for sale still available?

Yes, the take over payments car for sale is still available.


I took out a car loan in my own name but I am not on the registration the car owner can not drive any more can I have the registration switch to me if I take over the payments.?

You must have the car owner sign the title over to you and then you can obtain a Certificate of Title in your own name. In fact, you should do it ASAP.


Can you assume car payments on a vehicle?

Yes, you can assume car payments on a vehicle by taking over the existing loan or lease agreement from the current owner.


Can you take over a excisting car payment?

You can take over the payments on a loan because the lending institution doesn't care who they get their money from BUT, until the car is paid in full, you have no rights to it and the responsibility for the car still is on the original purchasers credit. If you miss payments, the bank goes after him. They will not accept,,"someone else is supposed to be making the payments". You will own nothing and the original owner can simply drive the car away when it's paid for.


Took over car payments can they take it back even if i made car payments on time?

I assume you took over the payments after the other owner missed payments. If you are caught up on all the payments then there would be no reason for them to repossess the vehicle. You need to contact the lender ASAP to make sure everything is fine. Failure to contact the lender may create a bad situation.


Is it legal for a co-owner to take the car from the primary owner if car is not paid for in full?

If you are the only person making payments on a car and you are the primary owner. If the co-signer takes the car and will not give you the car back is there any way to get the car back in your possesion?


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.


Can you take over car payments?

Yes, with the agreement of the finance company.


If you co-sign on a car and make the down payment for someone can you take the car away from him and make the payments yourself?

ONLY if you are on the TITLE as co-OWNER. Otherwise you are just on the hook for the payments.


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 a cosigner take over a car loan if the primary borrower is unable to make payments?

Yes, a cosigner can take over a car loan if the primary borrower is unable to make payments. This means the cosigner becomes responsible for making the payments on the loan.


If the cosigner can prove they made all the payments and paid off the loan can they take the car?

No. The co-signer would need to take all that evidence and sue in court to get title to the car transferred unless the owner is willing to sing over the title.