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Old 11-04-2014, 04:14 PM
 
4,429 posts, read 3,111,384 times
Reputation: 5262

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Link but will probably be taken down soon
LOOKING FOR PAYMENT TAKE OVER

Message:
Hi. we are seeking to take over payment on a late model auto. Please call or email what you have. MUST BE WILLING TO KEEP LOAN IN YOUR NAME.
Thanks.
David.


Really, so what's in it for me?
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Old 11-04-2014, 04:52 PM
 
8,165 posts, read 6,016,298 times
Reputation: 10564
Quote:
Originally Posted by IShootNikon View Post
Really, so what's in it for me?
Bad credit
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Old 11-04-2014, 07:14 PM
 
800 posts, read 558,143 times
Reputation: 1818
Debt.
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Old 11-04-2014, 07:52 PM
 
Location: City of the Angels
2,223 posts, read 1,524,287 times
Reputation: 5363
Quote:
Originally Posted by IShootNikon View Post
Link but will probably be taken down soon
LOOKING FOR PAYMENT TAKE OVER

Message:
Hi. we are seeking to take over payment on a late model auto. Please call or email what you have. MUST BE WILLING TO KEEP LOAN IN YOUR NAME.
Thanks.
David.

Really, so what's in it for me?
You don't have a car anymore to fuss with, only the responsibility of the loan, the insurance, yearly DMV fees plus any tickets that they create while driving your car.
It's a great deal for them if the right sucker comes along !
Personally, I think that it'll get sent overseas after they make a couple of rental payments.
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Old 11-04-2014, 08:32 PM
 
Location: Washington
258 posts, read 425,890 times
Reputation: 482
Quote:
Originally Posted by IShootNikon View Post
Really, so what's in it for me?
A headache.
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Old 11-04-2014, 11:43 PM
 
2,888 posts, read 4,480,512 times
Reputation: 1852
And on top of everything there is the liability involved with having someone else drive a car that is still yours.
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Old 11-05-2014, 04:10 AM
 
2,656 posts, read 2,823,681 times
Reputation: 2120
Quote:
Originally Posted by straight shooter View Post
And on top of everything there is the liability involved with having someone else drive a car that is still yours.
Probably to commit a crime or two?
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Old 11-05-2014, 04:46 AM
 
Location: Windsor, Ontario, Canada
11,269 posts, read 12,488,136 times
Reputation: 13422
Quote:
Originally Posted by jimazee View Post
Probably to commit a crime or two?
Or just take it for a joy ride and wreck the thing.
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Old 11-05-2014, 06:53 AM
 
189 posts, read 246,478 times
Reputation: 225
His offical reply:

I have done this twenty or thirty times, and no issues. The benefits to an owner is no more payments, or they don't take a bath trading their car. It's not for everyone. *Just motivated sellers. I agree that what you say could happen, so choose your association well.
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Old 11-05-2014, 07:09 AM
 
Location: Pikesville, MD
5,229 posts, read 11,493,051 times
Reputation: 4846
Was trying to transfer the lease on my car, and got a number of callers that wanted to take over payments, so long as I kept the car/lease and insurance in my name. Ha! Yeah, right.
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