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basicly he dosnt want to do any more paper work because we got a preety good deal on the auto one i found one wroth the same amount as mine and one a lil more expensive i can cover the difference in cost like a grand or 2..is this posible or dose my dad have to apply for a brand new loan and everything...Thanks to anyone trying to help me out ...

2007-08-25 19:39:02 · 5 answers · asked by Varun S 1 in Cars & Transportation Buying & Selling

5 answers

A car loan is for a specific car and a new loan must be issued for a different one. Also consider that the value of your current car is a great deal less than what you payed for it due to blue-book adjustments and price differences as pertains to trade-value vs. sale value vs. loan value. There is no way around the paperwork, but if you are certain you can handle the price difference...that should ease your dad's pain a little.

2007-08-25 19:50:18 · answer #1 · answered by Salsa Shark 4 · 0 0

The title for the car you have now will show a lien held by the loan company. So you can't transfer that title from your father without paying off that lien first. So unless you can convince your father to do paperwork you are just going to have to drive his automatic G35 until you can afford your own.

2007-08-26 03:13:16 · answer #2 · answered by Chris H 6 · 0 0

lucky you, a G35 IS NOT a cheap car.

2007-08-26 02:55:36 · answer #3 · answered by hondab16tuner 6 · 0 0

You sir, are a douche bag.

2007-08-27 01:55:13 · answer #4 · answered by munkysmarts 2 · 0 0

its all new paperwork. how about you get a job and support yourself, then you could get what you want.

2007-08-26 02:46:53 · answer #5 · answered by jonste415 2 · 0 0

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