2007-10-05 09:08:57 · 24 answers · asked by mmg 1 in Family & Relationships ➔ Marriage & Divorce
I'll bet none of those answers help. I'll bet the car's in BOTH of your names. Is that correct?
If so, there's not really anything you can do. You agreed to take on the car loan for the term of the contract. If he's not willing to refinance, you can't make him. Since his name's on the title, he has just as much right to the car (and the auto loan) as you do.
What you can do, is work proactively to find a good deal in refinancing. Make it worth his while. If you can find a lower interest rate for him, it may cut his payments, and he might be willing to refinance in his name.
2007-10-05 09:13:41 · answer #1 · answered by trigam41 4 · 1⤊ 0⤋
A friend of mine is going through this same thing with her ex fiance. The woman still has the car. She tried to refinance it in her own name twice. She was denied because of her credit. So my friend tried to be nice and let her keep it with the stipulations that she makes her payments on time and directly to her.
Of course the ex is taking advantage of her, making half payments and late payments. She even bounced a check to my friend. Thank Goodness my friend has it set up so the payments come out of her account and she can afford to make the payments without her.
She looked into her rights as the owner. She was going to have it reported stolen and picked up by the police. Well that's called making a false report and she could get in trouble. The police also will not get involved with a civil dispute over property. She has to take her to court. She decided to have it towed from her job while she's at work and she's going to put it up for sale. The car's a Jag.
If you want it back, and it's in your name, have it towed. There's nothing he can do.
2007-10-05 09:32:27 · answer #2 · answered by honeyb 4 · 0⤊ 0⤋
He's not going to do that on his own because there's no incentive for him to do that. He's thinking if he defaults on the loan you're on the hook too (which is true). So, you have to make it seem practical for him to have you removed from the loan.. Tell him you've found a buyer and have opted to sell it so that all of your mutual business can be ended completely within the next 30 days. (He' s not going to want you to sell the car out from under him, so his main recourse [besides protesting] will be to opt to buy you out of the car...for a reasonable price, say 30% of the blue book value of the car. e.g. if the car's worth $10.000. he can buy you out for $3,000. That amount is steep enough that he'll know you're serious and he'll be distracted from your true aim, getting out from under the loan of that car, which you would've done for free since it was your initial aim in the first place.
2007-10-05 09:21:51 · answer #3 · answered by Captain S 7 · 0⤊ 0⤋
Oooh, tough call. There's no way I know of to do it. He could stop paying all together and the lender could come after you for the money. You might need a lawyer, but even then, you co-signed with him for a reason. The lender isn't going to say, "Oh, you don't like each other anymore? Well don't you worry, we'll just take your name off the account." They'll probably say "You took a loan out with this clown, and now you have to pay it off just as much as he does".
2007-10-05 09:13:32 · answer #4 · answered by largegrasseatingmonster 5 · 0⤊ 0⤋
Let me see if I understand this right....you bought a car with your ex, your name is on the registration, and now your stuck paying high interest rates on a car you don't have?
If your name is on the title & registration, then you need to get the car back! If you want to relinquish the title & registration, go to the DMV and have the car transferred to him. As long as your name is on the title & registration, ITS YOUR CAR & YOUR RESPONSIBILITY!
2007-10-05 09:12:09 · answer #5 · answered by eZonis34 4 · 0⤊ 0⤋
Was he retarded when you two were dating or did he become retarded after you two split up? Getting a car
for a loser is never a good idea.
2007-10-05 09:34:40 · answer #6 · answered by Mandibulin 3 · 0⤊ 0⤋
the easiest solution to this is for the retarded financer to not finance a car for a boyfriend in the first place.
2007-10-05 09:30:20 · answer #7 · answered by Anonymous · 0⤊ 0⤋
wow i kno alot of ppl who have this situagion and every single 1 hgas had 2 go 2 court he want get in any trouble but all they do is send hima ltter 2 sing and then he brings it 2 court and then it will be in ur name agin
2007-10-05 09:14:34 · answer #8 · answered by anessa t 1 · 0⤊ 0⤋
if he is retarded he may not understand but you should, that if the car is in your name, you simply go get it and drive away... if he doesn't like it, then he can put the car in his name...
2007-10-05 09:34:34 · answer #9 · answered by Jeanette 6 · 0⤊ 0⤋
Is it currently financed with your name on the title?
You may have to just take him by the hand and take him to the bank to get it refinanced, without your name.
If it's not currently financed, all you have to is take the title to the DMV and have them reissue the title without your name.
2007-10-05 09:12:44 · answer #10 · answered by ♥♥The Queen Has Spoken♥♥ 7 · 0⤊ 0⤋