Auto Loan Question

Originally Posted by joseZhartford what is a lian holder is it like a second owner? Yes. You obtain a loan from the bank and the bank has a financial interest

		Nissan 370Z Forum > Nissan 370Z General Area > Nissan 370Z Pricing / Ordering Discussions
Auto Loan Question

LinkBack

Thread Tools

Display Modes

06-16-2009, 10:09 PM

#18 (permalink)

WShade

Track Member

Join Date: Jan 2009

Location: San Antonio, TX

Posts: 765

Drives: 09 370Z T/S/N

Rep Power: 188

Quote:

Originally Posted by joseZhartford

what is a lian holder is it like a second owner?

Yes. You obtain a loan from the bank and the bank has a financial interest (lien holder) in the vehicle as they own it as well. They hold the title until you pay off the vehicle. Stop paying and they repossess.

__________________
Q50S
Q60 RS400

Bookmarks

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Auto downshifting. WTF?!	Dav	Nissan 370Z General Discussions	28	07-26-2012 11:19 AM
My first Auto-X	Zeto	Track / Autocross / Drifting / Dragstrip	0	06-14-2009 09:28 PM
0-62 mph,Auto best timing.?	Chan Chee Hoe	Nissan 370Z General Discussions	3	04-06-2009 09:07 PM
Auto Trans dumb question (maybe)	JoeyD	Engine & Drivetrain	12	01-25-2009 10:32 PM

All times are GMT -5. The time now is 02:34 PM.