Getting an auto loan to pay off someone elses auto loan?

Yes, assuming the loan amount that you need is not more than the car is worth. A bank or credit union will not loan you more than a car's "book" value. If this be the case, you or your mom would have add cash to make up the difference to pay off her loan.

Then you mom signs over the car's title to you, you take it to the DMV and get a new title in your name. Done. Start paying on your loan.

This all assumes you are at least 18 years old and you have good credit -- or you can get your mom to co-sign with you.

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RE :Getting an auto loan to pay off someone elses auto loan?

My mom got an auto loan for car but the interest rate is extremely high. I want the vehicle. I can get an auto loan with a very small interest rate, Question is - am I able to get the loan to pay off her remaining balance and just have my loan to pay off?

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RE:Getting an auto loan to pay off someone elses auto loan?

Yes, That's called buying the car from your mom.

You get a loan. You give the money to your mom, she pays off her car loan. The paperwork is transferred into your name. The car is now yours.

Maybe, if she doesn't owe way more than its worth and your lender & her lender will work together.

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