[susan33]

My question involves an auto loan or repossession in the State of:ca

In nov 2007 a friend agreed to co-sign on a car loan for me. They put him down as buyer and myself as cosigner. I put the 6,500 down payment down and have been making every payment on time and then some(out of my bank account). The dealership told me I would be able to refinance and put the car in my name in about 6 months.I recently found out my friend died. I am worried what will happen to the car. If I keep making all payments on time, will it remain mine? What about the title, when I pay the loan off? Should I refinance it now? thanks!

[seniorjudge]

As long as the lender gets the dough, you have nothing to worry about.

You come up with the dough, everything else falls into place.

[lwpat]

I disagree. It depends on how the vehicle is titled. If the person's name that died is on the title, he will need to get a release from the estate.