I took over payments on the car. I cannot get a loan on it because my credit is shot I am paying him the coup¨¦ is registered to him and the insurance is in his name and I am driving it. He lives within MN and I moved to TN I still Owe $3500 on it will I get into trouble if I get stopped because the christen on the ins. and registration is not mine? Does anybody know of an easy way to procure it registered in TN when he lives in MN? And technically his ins. company doesn't write policies surrounded by TN so am I still covered? Any help is appreciated.
Since you're making payments to him, perhaps you can register it within TN by purchasing it from him, then protect his interest in the sports car by listing him as the leinholder. Just like buying a vehicle, only your friend is the bank holding the memo.
The title would go to him until you finish paying him off, but the registration and insurance would later be your responsibility. Inquire at your DMV about the paperwork required to so this.
you need your own insurance. how will the police know the vehicle is not stolen? you want to get a loan perhaps you can carry a cosigner (sucker) to help
Do you really want to wind up within a Tennessee jail? That's the way you're head. Your insurance is worthless and if you're stopped by a cop they'll probably cuff you as a suspected car thief. I be raised in TN and the jail there ain't nice.
you need your own insurance. how will the police know the vehicle is not stolen? you want to get a loan perhaps you can carry a cosigner (sucker) to help
Answers: It's his vehicle by law and you're a moment ago paying for it. You have no legal rights to it whatsoever because his identify is all over everything.
The only bearing to remedy this is for him to pay off his loan and supply the car to you. He could list himself as lienholder and you could reward him the remaining $3500 in monthly payments.
Do you really want to wind up within a Tennessee jail? That's the way you're head. Your insurance is worthless and if you're stopped by a cop they'll probably cuff you as a suspected car thief. I be raised in TN and the jail there ain't nice.
You could try to google it ,here is some direct resource might be of use.http://carloan.featured-resources.info/b...
You could try to google it ,here is some direct resource might be of use.http://carloan.featured-resources.info/b...
Learners travel document contained by ohio?
You should at least hold a letter from your friend granting you permission to drive the sports car. You should also be listed as a driver on his policy.Since you're making payments to him, perhaps you can register it within TN by purchasing it from him, then protect his interest in the sports car by listing him as the leinholder. Just like buying a vehicle, only your friend is the bank holding the memo.
The title would go to him until you finish paying him off, but the registration and insurance would later be your responsibility. Inquire at your DMV about the paperwork required to so this.
you need your own insurance. how will the police know the vehicle is not stolen? you want to get a loan perhaps you can carry a cosigner (sucker) to help
Im 14, and im getting my receipt...
Do you really want to wind up within a Tennessee jail? That's the way you're head. Your insurance is worthless and if you're stopped by a cop they'll probably cuff you as a suspected car thief. I be raised in TN and the jail there ain't nice.
Question roughly speaking a backside completed quirk?
Car chance..insurance hasnt be renewed?
you need your own insurance. how will the police know the vehicle is not stolen? you want to get a loan perhaps you can carry a cosigner (sucker) to help
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Answers: It's his vehicle by law and you're a moment ago paying for it. You have no legal rights to it whatsoever because his identify is all over everything.
The only bearing to remedy this is for him to pay off his loan and supply the car to you. He could list himself as lienholder and you could reward him the remaining $3500 in monthly payments.
Do you really want to wind up within a Tennessee jail? That's the way you're head. Your insurance is worthless and if you're stopped by a cop they'll probably cuff you as a suspected car thief. I be raised in TN and the jail there ain't nice.
Can't bring back a saloon title to...
You could try to google it ,here is some direct resource might be of use.http://carloan.featured-resources.info/b...
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in proclaim to get a Tn title,Tn will only adopt the Mn title if it is signed buy the seller and buyer AND it HAS to be notarized,no ifs and s or buts.Had you stayed in Mn and transferred the title to your term you wouldnt have a problem,but now since you live within tn and the owner is in Mn,this is the way motor vehicle wants it,mainly to insure the attention isnt stolen,which since you have no proof that your buddy is letting you drive the car,it technically is stolen.You could try to google it ,here is some direct resource might be of use.http://carloan.featured-resources.info/b...
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