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Premium Member
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2,460 Posts
Take over payments?
+1, for example you can take over a lease and assume responsibility of the remaining monthly payments.
 

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GO BLUE!
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884 Posts
^That's what happened to me when I bought my old 04 TSX. We went to his bank and I brought my cashier check. Then the bank cashed the check, released the title and I left with the key, the title, and the car.
 

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yeah you get the bank involved. They'll take the payment from him for the balance he owes and release the lien on the car.

A tip: make sure you request a lien release letter to keep on hand..I've seen many scenarios where 3 years later for example, someone finds out that the lien wasn't removed originally.
 

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in many states you cant, like NY. when i bought my tsx the guy had to fully clear the loan on the car before he could give me the tittle to sign. its a hugeeeee pain in the ass and i strongly recommend to not do this, just save your self the headache
 
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