That large SUV or luxury car that you signed a contract for months or even years ago may not have been a strain on your monthly budget; however, your situation can change. Looking for more cars? One way to obtain a car at a low price is to take on the obligations of another driver. If no will exists and the matter is not taken to probate court, you can usually become the owner of the vehicle. You cannot transfer an auto loan contract between people. With each option, you can wind up with a late model car to drive at … Explore Cars with no deposit for sale as well! Sometimes, your eyes can be bigger than your future. It sounds like Carlos is hoping someone will officially take over his payments and assume his loan. Many young couples might want to look to a third party to take over payments on their car. Is it possible? However, it … “In most cases, car loans are not assumable,” says Edmunds.com Senior Consumer Advice Editor Philip Reed. The leasing company conducts a credit worth check, ensuring that you are capable of taking over the lease payments. See 89 results for Cars to take over installments no deposit at the best prices, with the cheapest car starting from R 2 200. We have 265 cars for sale for take over payments truck, from just $1,500 “When the registration and title are transferred to a new owner, the lender needs to be notified. Or, you could ask a friend to take over the payments and have sole use of the car. Find used car at the best price. https://www.wikihow.com/Get-Someone-to-Take-Over-Your-Car-Payments Want someone to take over your car payment? When someone dies and leaves a car with an attached loan, the vehicle generally becomes part of the estate. If approved, documents are prepared for the lease takeover and sent both to the leasing selling and buying parties. Craigslist has listings for take over payments for sale in the Los Angeles area. This can be done by taking over someone else's lease or purchasing the car outright by taking over the loan payments. You may consider a sub-lease, in which the vehicle owner leases their rights to you in exchange for you taking possession of the vehicle and the monthly payments. How to Take Over a Car Payment After a Death. But that may not be possible. As the car owner and the borrower on the car loan, your options are narrow. That may work, but the idea is concerning. Take over instalment cars for blacklisted and non blacklisted. You could let a family member take over the car and make the payments to you, who, in turn, will pay the creditor. This may make the payments more affordable with your current budget. Affordable car payments are one of the biggest benefits of this type of transaction. 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