Owner Finance
Owner Finance
So after about 7 years and 90k miles later, I have decided to with my 2004 G35 Coupe. I am selling it to a friend who I know will take care of the car and treat it just as well as I have. I'll still be visiting here, and am even in the market for a g37 as we speak, but we'll see how that works out. I do have a couple questions that I was hoping to get everyones input on though. My friend and I have agreed to a price, with her putting 50% down on the car and making 1000 dollar payments for 7 months.I've tried to read up on it and it seems that I need to sign the title over to her(so she can register and insure the car) but put myself as a lienholder on it so that I can still retain my interest in the car until it is fully paid off. I know she is not going to default or such, but still would like to cover my rear end in case something goes wrong. Would love to hear your suggestions.
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