Only if the cosigner is also named on the vehicle title.
Yes..... I did
The cosigner is not able to come and obtain your vehicle for personal reasons or any other reason. A cosigner is not claiming ownership of your vehicle, they are simply vouching for your credibility and agreeing that if payments aren't made that they will uphold the responsibility.?æ
No, a cosigner has no legal rights to a vehicle unless his or her name appears on the vehicle title.
No. Unless the cosigner is also a title holder they have no legal rights to the vehicle.
You insure a vehicle. The buyer. The only thing the cosigner is responsible for is paying the bank back the money it loaned if the buyer doesn't. The principal driver of the vehicle who should also be the buyer.
NO! He is only guaranteeing the loan. He has no legal right to take the car.
Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.
No, a co-signer has no legal right to a vehicle unless they are on the title.
Nope.
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
Well if the original person that you co-signed with defaults on the payments and you are stuck with the payments, technically it is your vehicle and you can take the person to court and take control of the vehicle.