Should you ever pay full price for a car?

It’s usually a matter of supply and demand. If this is the case for a car you really want, you should consider just paying the sticker price and moving on with your life. But there are those buyers who try to adhere to the “never pay retail” battle cry, even for a hot car that’s just come on the market.

Can a husband continue to pay for his wife’s car?

And if you were making a car payment for your wife’s vehicle before the two of you decided to separate, it might not be so easy to drop that payment. Whether you will be required to continue making payments will depend on a few factors.

What happens if my husband fails to pay my car loan?

In other words, the auto lender can sue you for failing to pay off the car loan even if the court ruled that your spouse was responsible for the entire debt. It is typically a good idea to refinance the vehicle so it is no longer in your name.

Can a spouse be the only owner of a car?

This means that if your spouse bought a car during the marriage and was the only name on the note, you are still part owner of the vehicle and responsible for keeping up those payments.

Is the creditor responsible for wife’s car payments?

Whether you will be required to continue making payments will depend on a few factors. If both you and your wife signed a contract for the vehicle, your creditor may hold you responsible regardless of what the court rules.

This means that if your spouse bought a car during the marriage and was the only name on the note, you are still part owner of the vehicle and responsible for keeping up those payments.