Ask Experts Questions for FREE Help !
Ask
    dylirium's Avatar
    dylirium Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 26, 2006, 09:14 PM
    Selling car to spouce
    I would like to sell my truck to my husband. We live in North Carolina. Is there any laws against this?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Dec 27, 2006, 05:16 AM
    Hello dyl:

    Nope, unless you're trying to avoid reposession. Plus, if NC is a community property state, he already owns half the truck, and if you sell it to him, you'll STILL own half the truck.

    excon
    Depressed in MO's Avatar
    Depressed in MO Posts: 571, Reputation: 94
    Senior Member
     
    #3

    Dec 27, 2006, 07:19 AM
    Quote Originally Posted by excon
    Hello dyl:

    Nope, unless you're trying to avoid reposession. Plus, if NC is a community property state, he already owns half the truck, and if you sell it to him, you'll STILL own half the truck.

    excon
    Very good point. ;)

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Buy Another Car or Use Existing Car 'til It Runs No More [ 7 Answers ]

Please help me resolve a debate with my husband. I am a first time car owner. I bought a new Jeep in 8/04 for $23,600. I put $5K down on the purchase + my loan is for 60 months. I would like to trade in the liberty before it gets too old + has too many miles on it. Does it make better sense to...

Car Loan and Car Title - Minnesota Law [ 2 Answers ]

Hello, My fiancé and I recently bought a car on a Saturday. We live in Minnesota. At first, the finance guy at the car dealership told us the financing will be done through Wells Fargo. After spending close to 4 hours at there and hearing it was a reputable bank that we both bank through -- we...

Selling Automobiles [ 8 Answers ]

Does anyone have any information on the best way to go when trying to sell a vehicle you still owe on? Instead of having to bring negative equity over into a new vehicle, I would rather try to sell mine and let someone else take over the payments. My trade in value is less than payoff...

Car accident while friend is in the car [ 5 Answers ]

I have a question about what the case would be if I got into a car accident, mine or another drivers fault, with a friend in the car that is mine but in my Mother's name. I have been reading a little bit into insurance, I think I understand how it would work and come into play a little bit. What...

New car vs. Used car interst [ 3 Answers ]

Hello all, Is there a set limit of interest that can be charged to a new car loan for a first time buyer with a not so good credit rating living in New Jersey. If in the event there is do you know of a link that will back it up so I can research it,


View more questions Search