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Q&A: I need a sample of a take over payment car contract.?
Published April 8, 2011
Question by MalsladesMOM: I need a sample of a take over payment car contract.?
I will be allowing a friend to take over payments on my car. I still owe $ 8,000 on it. It will still be in my name- however she would like to put $ 3000 down and then pay $ 265.00 per month for the next 18 months, until it’s paid off. How would I write up a simple contract for that. She will be fully responsible for the car once in her possesion. Thanks
Best answer:
Answer by desjr1967
Go to an office depot or office suppy store and look for a prewritten contract. Or have lawyer write it up. Even the best of friends can have problems when doing what you want to do.
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