so just a couple days ago I was able to get a car for. $100 down right i thought to good to be true so i went to the dealer ship anyway,
they ran my credit and gave me 2 options they told me i can get a car worth only 10000 but they didn't have a car in their lot worth that much the second option was a "opportunity loan" they said i can pick a car up to $45000 and $100 down but I needed a co signer so I called my grandpa and he was willing to co sign ,
the guy at the dealership told me i can get him off in a year as long as I pay on time . Now my grandpa gets a call from the guy at the dealership saying the payments have to be made in his name . I texted the guy at the dealership and asked why that is he said because he is primary for only the first year 🙄
at that point I was upset because I was told I only need a co signer not anything else and I was told my grandpa has to be on the insurance and it has to be his address. Me and my grandpa both signed paper work . Does anyone know what the hell this guy is doing and what the hell he's talking about? Here is what the guy said in his own words
Yes he's on that loan for the first year I need you to work on your credit and you're going to come back and then we're going to take him off the loan
My 2 main questions is . Is it possible for after a year for every thing to be in my name like this guy says 🤔? And if I am even on the car at all if we both signed paper work .?