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S14Speed997 · 08-13-2005, 03:58 PM

Anyone familiar with taking over a car payment?

Background: A guy I know wants out of his car loan, will give me his truck for free, i just need to take over his payments. His loan balance is about $9,000.00.

I have been wanting to sell my paid off 97 240 for a couple months now, and after selling that, i would put $$ towards the balance of the truck.

My question is, would i need to get a loan for the $9,000.00, or do i pay this guy under the table, and get the title when i sell my car, and pay off the balance?? Any insight is GREATLY appreciated. I have been looking on Yahoo for hours.

08-13-2005, 03:58 PM	#1
S14Speed997 Zilvia Junkie Join Date: Mar 2003 Location: Tampa, FL Age: 45 Posts: 527 Trader Rating: (0)	Take over someones car payment Anyone familiar with taking over a car payment? Background: A guy I know wants out of his car loan, will give me his truck for free, i just need to take over his payments. His loan balance is about $9,000.00. I have been wanting to sell my paid off 97 240 for a couple months now, and after selling that, i would put $$ towards the balance of the truck. My question is, would i need to get a loan for the $9,000.00, or do i pay this guy under the table, and get the title when i sell my car, and pay off the balance?? Any insight is GREATLY appreciated. I have been looking on Yahoo for hours. __________________ I love signatures that aren't over 400x200!