# payment question

**URL:** <https://forums.speedlife.net/t/payment-question/25345>\
**Category:** NYSpeed Off Topic\
**Created:** [March 2, 2007, 1:33pm UTC](https://forums.speedlife.net/t/payment-question/25345 "2007-03-02T13:33:39Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![2slowtogofast](https://avatars.discourse-cdn.com/v4/letter/2/8edcca/32.png) [@2slowtogofast](https://forums.speedlife.net/u/2slowtogofast)\
**Post date:** [March 2, 2007, 1:33pm UTC](https://forums.speedlife.net/t/payment-question/25345/1 "2007-03-02T13:33:39Z")

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ok so i want to sell my car and this person im gonna sell it to is about a thousand short and he wants to make payments to me and from what i no of this person he is a good person but still i would want to get something in paper saying that he owes me this much and will pay me said amount each month what would i do to do this

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**Author:** ![MPD47](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mpd47/32/7383_2.png) [@MPD47](https://forums.speedlife.net/u/MPD47)\
**Post date:** [March 2, 2007, 1:41pm UTC](https://forums.speedlife.net/t/payment-question/25345/2 "2007-03-02T13:41:05Z")

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Give him the car and the keys, have him make payments. If he fucks up, you’ve still got the title (and a copy of the keys). Problem solved.

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**Author:** ![Skurge](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/skurge/32/7285_2.png) [@Skurge](https://forums.speedlife.net/u/Skurge)\
**Post date:** [March 2, 2007, 1:41pm UTC](https://forums.speedlife.net/t/payment-question/25345/3 "2007-03-02T13:41:44Z")

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[quote=“MPD47,post:2,topic:25345"”]

Give him the car and the keys, have him make payments. If he fucks up, you’ve still got the title (and a copy of the keys). Problem solved.

[/quote]

i was gonna say the same thing, just cover your ass on this one

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**Author:** ![2slowtogofast](https://avatars.discourse-cdn.com/v4/letter/2/8edcca/32.png) [@2slowtogofast](https://forums.speedlife.net/u/2slowtogofast)\
**Post date:** [March 2, 2007, 1:43pm UTC](https://forums.speedlife.net/t/payment-question/25345/4 "2007-03-02T13:43:43Z")

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he wont be able to register it with out the title though

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**Author:** ![TurdBlown\_Teg](https://avatars.discourse-cdn.com/v4/letter/t/59ef9b/32.png) [@TurdBlown\_Teg](https://forums.speedlife.net/u/TurdBlown_Teg)\
**Post date:** [March 2, 2007, 1:54pm UTC](https://forums.speedlife.net/t/payment-question/25345/5 "2007-03-02T13:54:44Z")

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he’ll have the car but wont be able to drive it untill he fully pays.

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**Author:** ![2slowtogofast](https://avatars.discourse-cdn.com/v4/letter/2/8edcca/32.png) [@2slowtogofast](https://forums.speedlife.net/u/2slowtogofast)\
**Post date:** [March 2, 2007, 1:59pm UTC](https://forums.speedlife.net/t/payment-question/25345/6 "2007-03-02T13:59:40Z")

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good point would it be unreasonable to charge interest because if he got a loan from a bank he would pay it anyway

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**Author:** ![Mrs\_Karus](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mrs_karus/32/7426_2.png) [@Mrs\_Karus](https://forums.speedlife.net/u/Mrs_Karus)\
**Post date:** [March 2, 2007, 2:01pm UTC](https://forums.speedlife.net/t/payment-question/25345/7 "2007-03-02T14:01:14Z")

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dude… dont take payments… dont give him the car until it’s paid for… not a good idea… tell him you will sell it to someone else if that’s the case… see if he comes up with it

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**Author:** ![ly555is](https://avatars.discourse-cdn.com/v4/letter/l/3bc359/32.png) [@ly555is](https://forums.speedlife.net/u/ly555is)\
**Post date:** [March 2, 2007, 2:10pm UTC](https://forums.speedlife.net/t/payment-question/25345/8 "2007-03-02T14:10:51Z")

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about a thousand short…

or, you could phrase that as:

‘i don’t have enough money to buy your car’ and find someone who does

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**Author:** ![Pauly](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pauly/32/7493_2.png) [@Pauly](https://forums.speedlife.net/u/Pauly)\
**Post date:** [March 2, 2007, 3:25pm UTC](https://forums.speedlife.net/t/payment-question/25345/9 "2007-03-02T15:25:08Z")

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You could put a lien on the title. just write up an agreement, and file lien paperwork with dmv when its registered. If you have a lien he cant sell it till you release the lien

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**Author:** ![HotRodKid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hotrodkid/32/7609_2.png) [@HotRodKid](https://forums.speedlife.net/u/HotRodKid)\
**Post date:** [March 2, 2007, 3:35pm UTC](https://forums.speedlife.net/t/payment-question/25345/10 "2007-03-02T15:35:21Z")

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^^^ a car can be sold with a lien on it, its just that the lein is still in effect no matter who owns the car

it could be sold 30 times in a row, and the lein is still valid until paperwork is submitted proving the lein is paid, and the lein holder can take it from any one of those 30 owners at any time if he so pleases

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**Author:** ![zwarbyt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zwarbyt/32/7623_2.png) [@zwarbyt](https://forums.speedlife.net/u/zwarbyt)\
**Post date:** [March 2, 2007, 3:40pm UTC](https://forums.speedlife.net/t/payment-question/25345/11 "2007-03-02T15:40:01Z")

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DO NOT DO IT, EVER PERIOD

CUBAN? DON’t DO IT

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**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\
**Post date:** [March 2, 2007, 3:43pm UTC](https://forums.speedlife.net/t/payment-question/25345/12 "2007-03-02T15:43:04Z")

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Dont do this, very bad if it back fires.

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**Author:** ![AngryHero](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/angryhero/32/7495_2.png) [@AngryHero](https://forums.speedlife.net/u/AngryHero)\
**Post date:** [March 2, 2007, 3:43pm UTC](https://forums.speedlife.net/t/payment-question/25345/13 "2007-03-02T15:43:52Z")

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take collateral,Say i want your ps2 psp,bike,girlfriend and your cat until its paid off.Give him back something every time he pays you

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**Author:** ![redrum](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/redrum/32/7398_2.png) [@redrum](https://forums.speedlife.net/u/redrum)\
**Post date:** [March 2, 2007, 3:48pm UTC](https://forums.speedlife.net/t/payment-question/25345/14 "2007-03-02T15:48:04Z")

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[quote=“zwarbyt,post:11,topic:25345"”]

DO NOT DO IT, EVER PERIOD

[/quote]

.

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<div class="post-metadata">

**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [March 3, 2007, 6:15am UTC](https://forums.speedlife.net/t/payment-question/25345/15 "2007-03-03T06:15:15Z")

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You’re not going to get that thousand bucks, just so you know. There’s a reason why he’s asking you for a loan and not a bank like any financially responsible person would.

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**Author:** ![4x4jimmy](https://avatars.discourse-cdn.com/v4/letter/4/51bf81/32.png) [@4x4jimmy](https://forums.speedlife.net/u/4x4jimmy)\
**Post date:** [March 3, 2007, 8:01am UTC](https://forums.speedlife.net/t/payment-question/25345/16 "2007-03-03T08:01:34Z")

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dont sell it you fuck

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**Author:** ![rskrause](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rskrause/32/7367_2.png) [@rskrause](https://forums.speedlife.net/u/rskrause)\
**Post date:** [March 3, 2007, 8:56am UTC](https://forums.speedlife.net/t/payment-question/25345/17 "2007-03-03T08:56:30Z")

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Nononononononononononononononononononononono.

And one last word: No.

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**Author:** ![pdubya](https://avatars.discourse-cdn.com/v4/letter/p/f07891/32.png) [@pdubya](https://forums.speedlife.net/u/pdubya)\
**Post date:** [March 3, 2007, 9:01am UTC](https://forums.speedlife.net/t/payment-question/25345/18 "2007-03-03T09:01:23Z")

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Agreed , DO NOT give him the car until he has the rest of it, just put it in writing that you will hold the car for XX days and upon getting the amount that is the difference he then can get ownership. You never know if shit can go shady , odds are it could and more then likely will. This isnt like borrowing 20 bucks to a friend

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**Author:** ![rskrause](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rskrause/32/7367_2.png) [@rskrause](https://forums.speedlife.net/u/rskrause)\
**Post date:** [March 3, 2007, 9:23am UTC](https://forums.speedlife.net/t/payment-question/25345/19 "2007-03-03T09:23:26Z")

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He should get a cash advance on his credfit card if he needs it now that bad. If his finances are such that he doesn’t have the credit for that, do YOU want to advance him credit?

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<div class="post-metadata">

**Author:** ![redrum](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/redrum/32/7398_2.png) [@redrum](https://forums.speedlife.net/u/redrum)\
**Post date:** [March 3, 2007, 9:34am UTC](https://forums.speedlife.net/t/payment-question/25345/20 "2007-03-03T09:34:00Z")

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[quote=“altimarollin,post:18,topic:25345"”]

This isnt like borrowing 20 bucks to a friend

[/quote]

lending 😉

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