cyko

I currently have a carloan in my name, but I am going to sell the car to another person. This person cant get the bank to turn over the loan in his name. Should I trust this person by just taking payments from him? How would the insurance work on this? What if he crashes the car or steals it? or... He would pay for the car and insurance, with both those being in my name.

suzieQ123

I don't think you can legally sell the car unless he is paying outright or getting a loan.. To sell it without a loan you would have to pay the car off just to get the title.

suzieQ123

I don't think you can legally sell the car unless he is paying outright or getting a loan.. To sell it without a loan you would have to pay the car off just to get the title.