might be a stupid question but.... |
might be a stupid question but.... |
Mar 23, 2004 - 5:27 PM |
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Enthusiast Joined Aug 29, '02 From New Jersey Currently Offline Reputation: 0 (0%) |
One of my good friends g/f is in love with my car and she just bought a brand new '04 Hyundai Tiburon GT. She says she really wants to trade cars because she likes my car so much and doesnt really like hers, she is making payments on the car though and says she would continue to make the payments on it. Is this even possible? Also, I dont want a Hyndai, once she transfered ownership to me would I be able to sell the car? Thanks
Mark |
Mar 26, 2004 - 1:08 PM |
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Enthusiast Joined Feb 10, '03 From Connecticut Currently Offline Reputation: 11 (100%) |
She doesnt own the car the way you would if u bought it with cash. The title has a lien in the banks name on it....so unless you give the bank the owed amount, you cant do squat with the car...basically the bank owns part of it. If you were to switch names on the title...or you didnt tell the bank. But then legalities interrupt if you get into an accident or something. Dude its a Hyundai, why are we having this discussion? -------------------- |
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