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Take Over Somebodies Car Payments

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Old Jan 5, 2006, 02:19 PM
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Take Over Somebodies Car Payments

I'm thinking of trying to buy somebodies MR used. I'd like to get one that somebody bought back when Mitsu had zero percent financing on EVOs. Can you take over somebodies current financing (lower payments) or do you have to refinance the car yourself? If I finance a used car through my credit union they are never going to give me a zero percent apr rate.
Old Jan 5, 2006, 02:39 PM
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youll never be able to just "take over payments" you bank will issue you a new rate which certainly wont be 0%. you can get a good rate depending on your credit, but you will not be able to just put your name on someone elses loan.
Old Jan 5, 2006, 02:47 PM
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dont ever do it
Old Jan 5, 2006, 07:35 PM
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This may help you:

http://www.leasetrader.com/

Even though is a lease take over website, you can learn a lot from there. Great info that I'm sure it can be applied to your needs.
Old Jan 5, 2006, 07:43 PM
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Originally Posted by EvoRSfor060
I'm thinking of trying to buy somebodies MR used. I'd like to get one that somebody bought back when Mitsu had zero percent financing on EVOs. Can you take over somebodies current financing (lower payments) or do you have to refinance the car yourself? If I finance a used car through my credit union they are never going to give me a zero percent apr rate.


um jst get an 06 TR WRX at 3.9% silly... get a co-signer if u must
Old Jan 5, 2006, 07:44 PM
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Originally Posted by EvoRSfor060
I'm thinking of trying to buy somebodies MR used. I'd like to get one that somebody bought back when Mitsu had zero percent financing on EVOs. Can you take over somebodies current financing (lower payments) or do you have to refinance the car yourself? If I finance a used car through my credit union they are never going to give me a zero percent apr rate.
just have his bill sent to your house and you pay it
Old Jan 5, 2006, 07:50 PM
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Originally Posted by burningmoney97
just have his bill sent to your house and you pay it


heh ... yea there you go
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