Is it better to lease or finance a car right now?

December 31st, 2009
car finance
Debbie asked:


Our lease is up, and we are deciding if the next car we get should be a finance or another lease. Thoughts?

Can my finance company take my car if I don’t get full coverage auto insurance?

December 31st, 2009
car finance
Icecoldbeer asked:


I just bought a car and got only the legal minimum insurance which is liability. My finance company is threating to take my car if I don’t get full coverage. I don’t have full coverage because it’s too expensive. They want me to get full coverage because it helps protect them. Can they take my car if I don’t get full coverage?

Should I buy a car which is categorized as a finance repossession?

December 31st, 2009
car finance
lankhai2006 asked:


Should I buy a car which is categorized as a finance repossession?

I checked this preowned car, and AA said there is an existing finance agreement against the car, which is a hire purchase.

I told the dealer, and he said this is a finance repossession. He said the finance company has cleared the car.

Obviously I will speak directly to the finance company. But do you think it is advisable to buy this type of car? It is a Nissan Almera, so quality-speaking, it should be good.

how to rid of a car finance?

December 29th, 2009
car finance
krm305 asked:


I have a 2007 Chrysler Town & Country, we like it, but we had a family emergency and now we can’t afford it. I still owe $19,800 and from what I discovered, it’s only worth about 15k. I only have about 13k miles in it. How can I get rid of it and be free of this debt without getting into another vehicle?

car finance termination notice after 3yrs payments out of 5yr contract what can happen if i give the car back?

December 29th, 2009
car finance
hairless f**k*r asked:


paying car finance for 3yrs am 4 months in arrears and received termination notice what will happen if i give the car back the finance agreement was for 5 years and the car is now worth approx half what is owed on finance what can they do to me and how much could it cost me ?

I have a car that is on finance. Does the finance company get paid in full if it is stolen or written off?

December 28th, 2009
car finance
worried1 asked:


I am worried that the outstanding finance would not be covered should it be stolen or damaged as the value of the car is not as high as the finance. The car is insured fully comprehensive.

Is it wise to finance my car in my name?

December 28th, 2009
car finance
sweetchic117 asked:


I currently drive a 05 Neon and it is financed under my mothers name. Becuase of my unruly spending during my first year of college I was unable to finance the car under my name. My mothers credit isn’t the best but it is better than mine, so now that I already have the car can I now finance it under my name and will this affect the payments?

Do I just give the car to the finance Co?

December 26th, 2009
car finance
buckwildco asked:


My sister is very Ill (Hospice Care) She signed a Power of Attorney a few months ago. She has a car that is not paid for and when I called the finance Co they said it was writtten off and the account was given to another co. They said to call that Co to make arrangements to just turn the car in. Balance on the car is $12,000.00 I do not want to pay so do I simply give the car to them. The car is just collecting dust in the garage.

How can I finance a car at 16 years old?

December 25th, 2009
car finance
wesley561 asked:


I’m turning 16 in a couple of weeks, and I plan on getting a used car. (8-10 thousand dollars) I have a $5000 down payment but would have to finance the rest. I know I have to get someone else to sign with me (co-sign), but is there anyway it can be mine in my name? Can anyone explain how this works? Thanks for all of ur help!

Is it possible for an 18 year old to finance a car?

December 24th, 2009
car finance
Bethany D asked:


I want a cheap 3000-4000 dollar car and I have 1000 to put on a down payment. Is it possible for me to finance the rest or do I need someone to cosign?