i need sum help, i dont own a car but iv been using one for the past year, a friend of mine who had better credit had taken out a car n financed it. Only because my credit wasnt good. With that said, the car was still gonna be for me, cuz i told her i was gonna pay for the insuarance(which also would be on her name) and for the monthly payment on the car. Now, that was a year ago, last dec of 08. I was there when the guy sold my friend teh car a the dealer, he kne who i was n said that in about a year, that my friend could switch over the name over to me. Now, its one year later, n i call up the dealer place, n the guy who sold us the car is no longer working there. So now im stuck n im not even sure how this whole thing works. Does anyone know how my friend could change the title over to me and/or does she even have enough equity? cuz i remmeber hearing that last year. Because i know if its switched over to me, makin me the owner of the car, i would be on the bill for the payments and also for my own insurance. But i just wanna kno, if it can work out n wat steps must be followed??Car title and registration change on a financed vehicle?
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