Services
PriceProtect™
DriveShield™
GarageGuard™
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Home Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Recent Studies
Comprehensive Data Reports
Reviews
About
FAQ
MenuIcon
BACK

How do you get someone to take over a car loan?

I’m having money trouble and can’t afford my payments. How do you get someone to take over a car loan so I don’t have to return the car?

avatar
Matthew Macgugan · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
I’m sorry you’re having trouble with your finances, but know you aren’t alone! Check with your lender to find out if you can have someone take over your
car loan
.
If you can transfer the loan, keep these things in mind:
  • The name on the vehicle title will need to be changed to reflect the change in ownership. You can do this by calling your lienholder and working with them to collect payment from the buyer and
    transfer the title
    .
  • The person taking over the loan will need to qualify for it. The lender will perform a credit check to ensure the new borrower meets their requirements. Depending on their credit score, their interest rate and monthly payments may be higher or lower than your loan agreement.
If you can’t transfer the loan, the person who would like to take it over may be able to refinance it in their name.
Since you’re having money trouble, you should also consider refinancing your loan. Refinancing your auto loan is a great way to lower your car payments. Check with your lender about the process.
MORE:
How to get out of an upside-down car loan
Car LoanCar OwnershipCar Loans
View full answer 
Jerry user testimonial avatar
rating primary
“My experience with Jerry has been absolutely incredible. It took my car insurance from about $400/month to about $80. The entire experience is seamless.” - Gregory R.
Lower my car insurance too
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

Find insurance savings

You Might Also Be Interested

card cover

How to Get Someone to Take Over Your Car Payments

If you can no longer afford to pay for your car, here's what you need to know about transferring the payments to someone else.
avatar
Cheryl Knight
card cover

A Guide On Getting a Car Loan with Bad Credit

This is a guide on how to get a car loan with bad credit. Although you might find yourself with unfavorable loan terms, chances are you can still get a loan with bad credit. Here's how.
avatar
Jacoba Bood
card cover

How to Get a Private-Party Car Loan

A private-party auto loan allows you to borrow money in order to finance a car from a private seller rather than a dealership.
avatar
Amber Reed

Read Advice From Car Experts At Jerry

card cover

2019 Kia Optima 2.4 Engine Oil Capacity

A 2019 Kia Optima equipped with a 2.4-liter engine requires 4.3 quarts of engine oil, which should be changed every 3k to 5k miles. Learn more inside.
avatar
Kathryn Mae Kurlychek
card cover

2019 Subaru Forester Engine Oil Capacity

The 2019 Subaru Forester holds 4.4 quarts of engine oil.
avatar
Brian Hicks
card cover

2022 Hyundai Elantra MSRP and Pricing Information

The 2022 Hyundai Elantra MSRP ranges from $21,245 to $29,645 depending on the trim you pick, but that doesn’t include the destination fee or options.
avatar
Mary Alice Morris

What Others Are Asking

I ran my car when the oil was empty and now it won’t start. What’s wrong with it?
My car has a slight oil leak. It’s had it for a while now, and I’m usually really good at topping off the oil in time. But I forgot for a few days in a row and was driving with no/low oil. Now the engine won’t start. What’s wrong with the engine and how can I fix it?
avatar
Patrick Price
Can you add cruise control to a Ford Transit?
My friend wants to add cruise control to his Ford Transit that he uses for glamping, but I’m not so sure that’s possible. Can you add cruise control to this van?
avatar
Maxine Boyko
How do I unlock a car pack in Need for Speed Payback?
I’m tired of driving the same cars around in Need for Speed Payback. I’m aware you can unlock cars, but I just don’t know where to start. What do I do to unlock a car pack in Need for Speed Payback?
avatar
Eric Schad
Browse All Questions

Browse More Content

Car Repair Resources

Insurance for Your Car

Insurance in Your State

    Insurance In Your City

    Easiest way to compare and buy car insurance

    √
    No long forms
    √
    No spam or unwanted phone calls
    √
    Quotes from top insurance companies
    Find insurance savings
    Car Insurance by Make
    Audi
    BMW
    Dodge
    Ford
    GMC
    Honda
    Hyundai
    Jeep
    Kia
    Lexus
    Mercedes-Benz
    Mitsubishi
    Subaru
    Tesla
    Toyota
    View all
    Car Insurance by Model
    Chevrolet Silverado
    Chevrolet Malibu
    Ford Escape
    GMC Sierra
    Honda Accord
    Honda Civic
    Hyundai Tucson
    Jeep Cherokee
    Jeep Wrangler
    Kia Forte
    Mazda 3
    Nissan Altima
    Subaru Outback
    Subaru Crosstrek
    Toyota Camry
    Toyota Corolla
    Toyota Tacoma
    Toyota Highlander
    Toyota Rav4
    Volkswagen Jetta
    View all
    Car Insurance by State
    AL
    AZ
    AR
    CA
    CO
    CT
    DE
    FL
    GA
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    OH
    OK
    OR
    PA
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VA
    WA
    WV
    WI
    WY
    Car Insurance by City
    Austin, TX
    Boston, MA
    Charlotte, NC
    Chicago, IL
    Columbus, OH
    Dallas, TX
    Denver, CO
    Houston, TX
    Indianapolis, IN
    Jacksonville, FL
    Las Vegas, NV
    Los Angeles, CA
    Nashville, TN
    New York, NY
    Philadelphia, PA
    Phoenix, AZ
    Portland, OR
    San Antonio, TX
    San Francisco, CA
    Seattle, WA
    View all
    Car Loan by Make
    Audi
    BMW
    Chevrolet
    Ford
    GMC
    Honda
    Hyundai
    Kia
    Lexus
    Nissan
    Mercedes-Benz
    Subaru
    Tesla
    Toyota
    View all
    Car Insurance by Company
    AAA
    Allstate
    Aspire Advantage
    Assurance America
    Bristol West
    Commonwealth
    Dairyland
    Encompass
    Infinity
    Kemper
    Mapfre
    Mercury
    National General
    Nationwide
    Plymouth Rock
    Progressive
    Safeco
    State Auto
    Travelers
    Car Loan by State
    AL
    AZ
    AR
    CA
    CO
    CT
    DE
    FL
    GA
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    OH
    OK
    OR
    PA
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VA
    WA
    WV
    WI
    WY
    Car Repair by Service
    AC Compressor Replacement Cost
    Battery Replacement Cost
    Fuel Injector Replacement Cost
    Fuel Pump Replacement Cost
    Ignition Coil Replacement Cost
    Oil Change Cost
    Oil Pan Replacement Cost
    Power Steering Fluid Service Cost
    Rotate Tires Cost
    Spark Plugs Replacement Cost
    Timing Belt Replacement Cost
    Valve Cover Gasket Replacement Cost
    Water Pump Replacement Cost
    Wheel Bearings Replacement Cost
    View all