I need some one take over payment my car how if the bank owned title car???

Question

I need some one take over payment my car how if the bank owned title car???

Answer 1

That is a bad idea.  You are trusting some stranger to

(1) take your car

(2) make payments

(3) keep your credit from being damaged.

If somebody took your car and then NOT PAID, you can't even report it as being stolen.  You have to work it out in small claims court.

REALLY BAD IDEA.

Good Luck...

Answer 2

I would not do that!! How do you know if they will make the payment? And how much do you have into this car? What will you do for transportation? sounds pretty risky to me. Don't take any chances.

Answer 3

I dont know if you can. If you can i would assume you would have to go to the bank and ask them how to go about it

Answer 4

Well if someone is buying this car from you if they could pay off the balance and clear it with the bank that would be the best way but if they cannot then  they need to go to the bank and take out a loan and pay your loan off and then they are stuck with that monthly payment. I have done this with 3 car and its worked like a charm.

Answer 5

They can't just take over the payments, they have to be approved for the loan amount.