Re: co-signer for auto loan

Posted by The Oz-Man on January 28, 2002 at 12:13:24:

In Reply to: co-signer for auto loan posted by bridget on December 31, 2001 at 10:56:32:

You should also determine the NADA (blue book)value of the car. Selling it to themselves for $150.00 assures them of getting more. They can't expect you to pay the difference for a car they'll re-sell for near blue book value. It's outrageous, and no court will see it otherwise.

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