Thank you. It isn't worth much now. It's a 2000 and needs a new engine. I'm going to offer to buy him out of his 16% ownership which is less than $200. The BBB trade-in value is $860 to $1,060. He is pretty adamant that he wants half the value of the truck which he estimates at $5000.
I am wanting to find out my options regarding the following scenario.
In 2009 I cosigned a vehicle loan for my daughter's boyfriend. He put approximately $1000 down that he borrowed from his father. Six months later he lost his job and didn't work again. They called off the relationship in...