The car title and loan are in my name. I have tried numerous times to convince him to let me sell the car or get it repossessed, but he will not comply. At one point he said that he had fixed his credit and was ready to put the car in his name and he needed a bill of sale signed.
I sign one, than he never put the car in his name.
I want to take him to court and sue him for the car and see if the judge won’t make him responsible for what I am going to owe the bank that gave me the loan.
I never even drove this car once, I didn’t even have a license when it was bought.
He PROMICED me that it would not be in my name for more then a few weeks. Now I am going to be sued for the cost of the car, legal fees, and lots of other fees involved with the credit union suing me. Is there anything I can do? I have no money for legal costs. I am merely a student at a community college, with hardly enough money to survive!
2006-08-09 10:52:49 · 10 answers · asked by radesign2323 1 in Cars & Transportation ➔ Other - Cars & Transportation
Wow. Its hard to believe that people would do this other people, but it happens all the time.
As far as legalities...I don't know how much help the court system will be. All that they are concerned about will be who needs to pay for the car, and all the paperwork you have signed and agreed to have left you in a VERY bad spot as far as they are concerned. You will be showing a judge a car loan in your name, and a bill of sale showing that you "sold" the car to this person. I would think thats all they need to let him off the hook.
The ONLY way out would be if the judge actually hears you out and places a judgement in your favor based on your word (which is contradictory to what the paperwork will say).
I wish you the best, but like the first poster said, its a very hard lesson and sorry you had to learn it this way. Personally, I never EVER co-sign for anything just to prevent this very thing.
Best of luck to you!
2006-08-09 10:58:50 · answer #1 · answered by Information Scavenger 3 · 1⤊ 0⤋
I'm not sure exactly how someone could "con" you into taking financial responsibility for a car loan! If you're such a poor student, how did you qualify for the loan? Why didn't you go with him to the Motor Vehicles department to make him register the car? Even then, it's another process to get your name off the loan and there's no guarantee that he can qualify for the loan. You are really screwed. You need to get the car back, sell it, and pay off the loan.
You must get your car back from this guy - it's YOUR car, not his! Threaten to report the car stolen to the police if he doesn't turn it over immediately. I'm sorry you're in so much trouble, but you did bring this on yourself!
2006-08-09 18:04:09 · answer #2 · answered by Mama Gretch 6 · 0⤊ 0⤋
If the vehicle is in YOUR name why do you need HIS permission to sell it? If he has it without YOUR permission, report it stolen to the cops and file a warrant for his arrest.
This is no friend of yours, as his actions speaks volumes. AND NEVER CO-SIGN OR REPEAT THIS ACTION AGAIN- DO YOU HEAR ME? He may have a bill of sale signed by you but the car is in your name legally, it is your car not his.
Take action now to save your credit or you'll never buy on credit again for several yrs and I'm sure you'll want to buy a house after you complete your education and get a good job.
Bottom line: YOU agreed to buy the car, YOU are signed on the note and YOU are responsible. Now act responsible, go get the car, sell it and pay off the note. Things will only get worse. What if he drives drunk and hurts/kills somebody? YOU will be responsible for allowing him to drive YOUR car drunk, and subject to being sued for all you will ever make in your life for the harm or death he inflicts on some innocent person(s)
What an education you got on this one!
2006-08-09 18:31:56 · answer #3 · answered by hithere2ya 5 · 1⤊ 0⤋
you're certainly screwed and conned follow everybody's advice here have the car reported as stolen and the police will do the rest. the police won't get involved or won't be interested to hear your sob story they'll tell you to take it to court as they don't get involved in civil cases.
best way once you get the car continue making the car payments and use the car. if you sell you won't be able to sell it at the price he bought. it depreciates as soon as you drive it out of the showroom. i don't even know how you qualify for the loan and with out a license.
those car salesmen are somethimg else. maybe you have a job. or think about getting one to make those payments. it's also the fault of the credit union granting you credit. take him to small claims court the most the judge will do is grant you possession of the car. as the title is in your name, right. next time never,never co-sign or take out a loan for anybody.;be a friend or family member. once you assume possession, at least you don't have to recompensate him for any money he invested in the car' or the car payments he already made.
2006-08-09 19:42:24 · answer #4 · answered by rosieC 7 · 0⤊ 1⤋
Look for a lawyer that will work based on the percentage of the outcome and only if you win the case.
Or
Tell him to take title of the car and pay you back or you will take the car and sell it. If he argues. Then call the cops and explain the circumstanse and explain that you want to report the car as stolen. The title is in your name and you don't have the car. right.
The cops should get the car back and bring it to you, then lock it up and sell it.
2006-08-09 18:02:14 · answer #5 · answered by John 6 · 1⤊ 0⤋
I would call the police and report the car stolen, if it's in your name, then they will make sure it's returned to you. Even with the bill of sale, if he hasn't done anything by now, he's not going to. They aren't hasseling him for payments, why should he change it to his name??? He probably doesn't qualify. When you get it back, sell it immediately and take care of the bank....if he was worried about you, you wouldn't of had to submit your question here.....been there, done that....I've gone through this same thing, it ruined my credit for awhile.
2006-08-09 18:05:31 · answer #6 · answered by Stacey D 1 · 1⤊ 0⤋
Let this be a lesson. never trust anyone, especially when it comes to money. he saw you coming down the pike. You've been conned.
however...if the title is in your name then the car is legally yours. however...not quite because you have a loan so the bank really owns the car. let them repo it. it'll hurt your credit but you'll be alittle wiser for it.
2006-08-09 17:58:20 · answer #7 · answered by Quasimodo 7 · 1⤊ 0⤋
If you told him you want the car back and he refuses to return it he is not legally in possession of the car. I would call the police and report the car stolen, and then I would tell them the situation and tell them where they can find the car.
2006-08-09 18:04:12 · answer #8 · answered by Jim T 4 · 1⤊ 0⤋
Did you sign the title over to the slime ball? If you have the title you own the car.
There is no easy cheap way out and unless you can tell the company where it is to reposses it
SORRY I think your SCREWED
2006-08-09 18:02:53 · answer #9 · answered by danzka2001 5 · 1⤊ 0⤋
are you blonde?
2006-08-09 18:00:26 · answer #10 · answered by okronbon 3 · 0⤊ 1⤋