A co-buyer on a car purchase is equally responsible for making payments on the loan and ensuring the vehicle is properly maintained. They are legally obligated to fulfill the terms of the loan agreement and may be held liable if the primary buyer fails to make payments.
Well, it depends how the title was written. if it says buyer "or" cobuyer you dont need the other persons signature for anything .... if its written with "and" between your two names, u will have to have both people present to complete any removals or transfers. That or you can have the cobuyer sell u the car. They will still need to be present though.
The terms and conditions for a car hire purchase agreement outline the details of the agreement between the buyer and the seller. This includes information on the payment schedule, interest rates, insurance requirements, maintenance responsibilities, and conditions for returning the car. It is important to carefully review and understand these terms before entering into the agreement.
As a co-signer on a car loan, you are responsible for repaying the loan if the primary borrower fails to do so. This can impact your credit score and financial stability if payments are missed. It's important to understand the risks and obligations before agreeing to be a co-signer.
No, I am not looking to purchase a car dealership.
Yes, you can purchase a car using a cashier's check.
IF your name is on the TITLE as buyer or cobuyer, you have the right to POSSESSION. Do you know where the car is? Do you have a key?
Daughter and husband are getting divorce and she is the co-buyer can she take it out of state
If it was leagally parked, you should be asking what are your obligations if you hit a parked car. Your responsibilities are to pay the cost of fixing the Property of the person who's car you hit. Man up and do the right thing.
Duties and responsibilities of a car salesman
Well, it depends how the title was written. if it says buyer "or" cobuyer you dont need the other persons signature for anything .... if its written with "and" between your two names, u will have to have both people present to complete any removals or transfers. That or you can have the cobuyer sell u the car. They will still need to be present though.
The terms and conditions for a car hire purchase agreement outline the details of the agreement between the buyer and the seller. This includes information on the payment schedule, interest rates, insurance requirements, maintenance responsibilities, and conditions for returning the car. It is important to carefully review and understand these terms before entering into the agreement.
As a co-signer on a car loan, you are responsible for repaying the loan if the primary borrower fails to do so. This can impact your credit score and financial stability if payments are missed. It's important to understand the risks and obligations before agreeing to be a co-signer.
No, I am not looking to purchase a car dealership.
Will i be able to purchase another car later on if my car is repo
none
You can purchase car insurance in Louisiana at www.Progressive.com
You will likely be sued for the contract value of the car. You will likely lose.In a two-party contract like a auto purchase, you cannot unilaterally decide that the contract is no good.You may have committed a crime as well in canceling a check written for a binding contract. You should find an attorney very quickly to help sort out the mess you have created.