Is it wise to take over payments on a car?
In Raleigh Nc. So I just got back from xhecking out a 2008 Ford Fusion V6 which has 150,000 miles on it, I payed about $56 jist to get there in a cab. I couldn t do it basically because I didn't have a license smh
You CAN'T take over payments on a car. And ownership of the car can't be transferred until the loan is paid off in full.
If you "take over payments" you're giving someone a really nice gift. You'll be paying off their loan and when it's done, they will still own the car. Too bad so sad for you.
A 10 year old car with payments? I don't think so.
It is not wise nor is it legal.
No such thing. And its illegal to do it illegally.
No no no.
It is unwise and probably illegal.
Stay away.
Disaster looms
- Should I do payments at 18? I really really… Really want a Ford Mustang 2015 because I can't just a stop thinking about me driving one I literally think about it everyday. I'm 17 and I have a job but I'm going into my senior year and plan on graduating. Is it worth it to have a job in college paying off loans and car payments. I don't want to be stuck with just those two everyday I want to have a little fun. Will getting this mustang mess me up?
- Can I transfer my car payments and car to a 17year old from a buy here pay here place? I have a good question… I got a 98 jeep grand Cherokee limited from ridenowautosales.com I'm still currently making payments. A family friend told me he d sell me his 98 Ford v8 supercharged mustang for 500$ because he needs it gone. Back to the question, my friend is 17 and desperately needs a car would I be able to transfer the jeep and payments into his name? I love the jeep and all but not the 10mpg any help would be awesome!
- 2015 ford mustang monthly payments? I'm looking at a 2015 mustang v6 and i'm 16 and my parents r makin me pay for my car but they will take care of the down payment and insurance but what is the average monthly payments on a 2015 mustang v6
- How to do months payments on a car? Am 16 and i work and get about $700-$900 a month and i wanted to buy a 2015 Dodge Ram and do payments on it. And my dad will put his name on the truck but i pay the payments and he's already doing payments for his 2013 ford. I just wanted to ask what happens if i got fired from my job and couldn't buy the payments anymore? Can i turn the truck back in? Or does it mess up my dad's credit? Please tell me what happens. And by the way am thinking to put $1000-$3000 down payment.