Make the payments on my leased car under my name? (Notarized contract)?
I'm trying to sell my leased car because I'm looking to get another one. Honda doesn't allow lease takeovers so I have the option of either:
A) paying the buyoff amount then selling it.
B) Turn it in early and pay a hefty amount ($3,000)
C) selling it to someone else and having that person pay in whole or finance it through their bank
So today I had someone contact me saying they were interested. However, the person is looking to buy a home in 6 months and can't run his credit. He came to see the car and brought his family. He lives locally, owns a business, drives a challenger srt, and seemed like a very honest man. He said he wanted my car for his wife and kids. He asked me if I d be willing to allow him to drive the car under my name for 6 months until he gets the house, then he ll takeout a loan at the end of six months and pay off the car. He said he d have full coverage for the vehicle and would take the car to get serviced on time. He also said he wanted to sign a notarized contract saying he d make every payment, buy the car at the end of 6 months, would have full coverage for the vehicle, and take care of it and if anything happened I d be notified. Like I said, he lives locally, doesn't seem sketchy at all, and is willing to sign a notorized contract. Is this something I should do? Would appreciate the feedback, thank you
Read more: Make the payments on my leased car under my name? (Notarized contract)?
A) paying the buyoff amount then selling it.
B) Turn it in early and pay a hefty amount ($3,000)
C) selling it to someone else and having that person pay in whole or finance it through their bank
So today I had someone contact me saying they were interested. However, the person is looking to buy a home in 6 months and can't run his credit. He came to see the car and brought his family. He lives locally, owns a business, drives a challenger srt, and seemed like a very honest man. He said he wanted my car for his wife and kids. He asked me if I d be willing to allow him to drive the car under my name for 6 months until he gets the house, then he ll takeout a loan at the end of six months and pay off the car. He said he d have full coverage for the vehicle and would take the car to get serviced on time. He also said he wanted to sign a notarized contract saying he d make every payment, buy the car at the end of 6 months, would have full coverage for the vehicle, and take care of it and if anything happened I d be notified. Like I said, he lives locally, doesn't seem sketchy at all, and is willing to sign a notorized contract. Is this something I should do? Would appreciate the feedback, thank you
Read more: Make the payments on my leased car under my name? (Notarized contract)?