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A Few Surprising Reasons Why Not to Lend Out Your Financed Vehicle

MAS Dont loan your vehcile out  notIf your car is pulled over in Denver and that person does not have a valid drivers license it will be impounded.

You will have to pay a $2500.00 impound fee to get it out.

If you don’t have the $2500.00 fee the lien holder can pay the fee and pick up the vehicle but due to a law can’t give it back, or sell it back to you even if you are current on your payments.

If that person is in an accident your insurance can refuse to pay for the damages on your vehicle.