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How do I get out of a hire purchase?

I bought a car last September. The car is in my name and on hire purchase. How do I get the car out of my name and into my boyfriends name. What is the best way to do this? I understand I can't just change the name over due to credit checks etc. Thank you!

How do I get the car out of my name??

Comments

  • BJV
    BJV Posts: 2,535
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    You could speak to the Finance company who are within their right to say no. Or your boyfriend could take a loan and or pay off the finance.
    Happiness, Health and Wealth in that order please!:A
  • forgotmyname
    forgotmyname Posts: 33,238
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    Get their permission to sell it and pay the finance off?
    Censorship Reigns Supreme in Troll City...

  • motorguy
    motorguy Posts: 22,650
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    tzarina wrote: »
    I bought a car last September. The car is in my name and on hire purchase. How do I get the car out of my name and into my boyfriends name. What is the best way to do this? I understand I can't just change the name over due to credit checks etc. Thank you!

    How do I get the car out of my name??

    You dont.

    He takes out a loan and clears your finance is the easiest way.
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