me and my ex girlfriend got a vehicle together with both our names on the loan.. we agreed that as long as I paid for the vehicle and insurance that it would be my vehicle. Now that we are not together she wants out of the loan she wants her name off of it and has taken the vehicle that i have made payments on and as of this date the vehicle is paid for no payments missed what are my rights and what can I do to keep the vehicle or to get her name off the Loan?
2006-11-01 02:21:20 · 5 answers · asked by Charlie M 1 in Cars & Transportation ➔ Buying & Selling
the loan is still active .. the vehicle is paid for the month of Nov. the insurance is paid. We talked about me tradeing it but i was told by several car dealerships that im not going to get for the Vehicle what it is worth there will be a difference of about $2000 left on current loan.. and there will probably be about a $2000 down payment for the new vehicle if the current one is traded 4 to $5000 dallors I dont have can she be responsible for the remaianing amount of the loan since she wants out of this loan
2006-11-01 02:36:17 · update #1
This happens alot, and even if your married there is no sense for two people to go on a car loan, because on your next loan the bank will want a co-signor again. if you can get the car back and hide it. The only way to get her name of it is for you to refinance with your bank on this car. That means you pay off the bank and have a new loan on that collatoral. You do not need her permission and when you do this the title is now in your name. If she has not given you the car back then call the police because she is driving your car. If you cannot refinance just hide the car and tell her your going to let it repo and see how her attitude changes.
I did this to my ex wife who always threatened to take my car, and she stopped when I parked it in a friends garage and told her I would not pay another cent for it. You need to act like you don't care, but if you need to drive the car, get a club so she can;t come and drive it away.
2006-11-01 02:34:47 · answer #1 · answered by I am Jared From Subway 3 · 0⤊ 0⤋
Your a little late for this scene! These are the questions you should have answered many moons ago! You are both responsible for the loan, you are both 50/50 legal owners of the vehicle, and you both have the legal right to drive the car. Your only viable option is to pay her off, get the car, and go from there. Get another signature loan or whatever and pay her off. Make sure you get things in writing and my advice would be through an attorney to make sure she doesn't become a parasite! Who pays is inmaterial! All she has to do is say she gives you half the payment in cash and you mail the check or money order! Prove her wrong!
2006-11-01 02:25:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Buy her out if you have the money just like you do when you are getting a divorce on a house. If you dont have the money then she will have to go to the finance company and tell them she does not want to be on the loan anymore and they will take care of it. Good luck and god bless.
2006-11-01 02:25:49 · answer #3 · answered by Kate T. 7 · 0⤊ 0⤋
Are both your names on the the title of the car? Not just the loan.
(post a comment & let me know)
(I know how you can get the car)
2006-11-01 02:26:46 · answer #4 · answered by sadie_oyes 7 · 0⤊ 0⤋
Take her to court. Is her name on the title too? Can you prove you made all the payments? This could get ugly.....
You could try telling her you used the car to commit a crime and if she gets caught with it she will go to jail.....Just Kidding.
2006-11-01 02:24:25 · answer #5 · answered by Jessy 4 · 0⤊ 0⤋