Does he have to be there when I trade it in, if I'm still making payments?
2007-08-18 12:45:54 · 8 answers · asked by Ashley 2 in Cars & Transportation ➔ Buying & Selling
If he was only a co-signer on the loan, and you were the only one on the title, you can trade it without him! If his name is also on the title (which makes him a co-owner, rather than a co-signer) then he must sign the title!
2007-08-18 13:05:31 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
Only if he is co-signing on this one. He will, however, probably have to come in at some time during the week and sign a paper that agrees to sell your current car as a trade-in, since he is on the original contract as a co-owner.
2007-08-18 13:46:09 · answer #2 · answered by Anonymous · 0⤊ 1⤋
If your names are on title with an "and", then no, or he can just sign on a bill of sale or the title, and you can take it to the dealership when you decide to trade it. If it is "or" then you don't need his signature at all. Hope this helps
2007-08-18 13:01:17 · answer #3 · answered by worldthatwas 3 · 1⤊ 0⤋
Of course, as the co-signer he will have to approve any changes you make in the terms of the loan.
2007-08-18 12:56:13 · answer #4 · answered by oklatom 7 · 0⤊ 2⤋
No, unless he is co-signing on the new care as well and then he would have to be there because its then a whole new contract.
2007-08-18 12:49:38 · answer #5 · answered by OPTIMIST 4 · 2⤊ 1⤋
The Co- signer is ultimately responsible and will have to be part of the deal....
2007-08-18 12:58:32 · answer #6 · answered by RiverRat 5 · 0⤊ 2⤋
Probably want to contact the dealer about that.
2007-08-18 12:48:42 · answer #7 · answered by Carson 3 · 0⤊ 1⤋
Yes unless you have paid all the balance off.
2007-08-18 12:50:36 · answer #8 · answered by Steiner 6 · 0⤊ 2⤋