The Common FAQs.

  • Why would someone let another person take over their car payments?

    Selling your car this way can be a win-win. You could save or even earn money, and with the correct protections in place, the risks are minimized. Plus, a reliable buyer can boost your financial profile.

  • What happens if the buyer stops paying the loan?

    In the event the buyer ceases to make loan payments, you can repossess the car. Our agreement includes protective measures that enable you to track the vehicle. The documentation ensures your interests are prioritized and safeguarded.

  • Will the loan stay in my name?

    Yes, but you're passing control of the vehicle and the payment baton to a vetted buyer. Once they've paid off your loan, full ownership goes to them.

  • What happens if the buyer stops paying the loan?

    In the event the buyer ceases to make loan payments, you can repossess the car. Our agreements include protective measures that enable you to track the vehicle. The documentation ensures your interests are prioritized and safeguarded.

  • What happens if the car gets into an accident?

    In the event of an accident, the process will follow standard insurance channels. Our paperwork ensures that the buyer is equipped to manage the claim, securing the vehicle's recovery or repair.

  • How does the vetting process for buyers work?

    At TOP Wheels, we pride ourselves on our comprehensive vetting system. Prospective buyers undergo rigorous checks to ensure they're both financially sound and a good fit for the transaction, ensuring a smooth process for both parties. Ultimately you can veto our pick until we get it right.