I purchased a car before six months with a help of car loan. I would like to sell the car now. Do i need to pay my loan first and sell the car or is there any facility to transfer the loan to any buyer.
Posts Tagged ‘already’
already agreed to finance my car payments, had car for a week and now they want more info?
29
May
Me and my co-signer, my boyfriend, went to buy a car for me last week on wednesday. well, everything went smooth, we got approved for auto financing and made a 36 mo. deal, signed all the papers needed to sign, and drove off the lot in the car. I had a 6. mo warrenty on the car so yesterday I took it in to a dif. business other than the dealership (because that’s where the dealer said to go) and had some things fixed. when i go to pick it up today, they tell me i can’t have my keys. I have to talk to the dealer first. so i called him and he said that the credit financing center wanted me and my cosigners paycheck stubs and 4 references. ok- i thought that everything was fine and taken care of, but i happen to have a few stubs on me and write down a few references for the car shop to fax to the dealership. I get the keys and head to work. then at 8:30 @ night the dealership calls my cosigner and says they need more paycheck stubs, the ones i had weren’t good enough apparently.
I have no more information to give them! we already signed a contract and were approved for credit and made a deal for financing. I gave them the pay stubs we had, they said the ones for my cosigner don’t reflect what he said he made on the application, but on the application he put that he has a regular paying job, and an under the table job, and they won’t accept it if he has his boss notorize a statement stating he is paying him under the table. what could they do? can they break the contract and take my car back?
Are you automatically insured when you buy a car if you already have liabilty ins. on another car in Texas?
23
May
I bought a used vehicle and before I had added it to my current auto insurance policy I was pulled over for an expired registration. The car had been sitting before I aquired it. My insurance policy was current and covered two other vehicles with liability only. On my proof of insurance card it states that it may provide coverage for other persons and other vehicles as provided by the insurance policy. I cannot find any reference to this in my policy or on line. My insurance is with Farmers.
Is it entirely impossible to finance a car with two judgements on an already bad credit report?
19
Mar
I know it’s a pathetic question, and it sounds like an oxymoron, but sometimes people encounter unfortunate situations in their life, and make irresponsible decisions in their past, and it will continue to haunt them. In the process of dealing with the consequences of bad decisions, life does need to move forward. Cars get old, have 150,000 k + miles and getting another car is essential. If a person (not myself!) has two judgements (totaling under $6000 collectively) and bad credit from credit card troubles, but has a steady job and makes $32,000+ a year, would it be possible in the slighest to finance a car? I am aware of high interest rates and such. I do know from experience that my parents had a bankcruptcy, came out of it, and within a month they were able to finance a new SUV.
Would it better to go bankcrupt? Advice?