What is the differance between a contract an a hand written receipt of sale for an automobile purchase from a private party when payments are to be made to the seller until paid in full. Are the Laws different when there is a dispute in amount owed.
by 
Tergdy
ANSWERS: 1
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The car dealership is entitled to whatever is owed, if it was not payed off yet. Did he sign over the title to you? Was the dealership on this title, as an owner as well? If the dealership is owed, and payments are not made by you, or the original owner, then they can legally come reposses the car, despite the agreement between you and the original buyer. You can take the original buyer to court, for the amount over what was agreed apon, to keep from losing the car. It is rule of thumb, if a car is not completely paid off, the owner should not be selling the car, for less than it takes to do so. When I got a loan for a car, the loan company kept the title, until it was paid off, and thier name was on the title also, so I could not sell it, so how did you get the title free and clear, or did you?
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