Frequently Asked Questions

Taking over someone's car payment — also called a car payment assumption or loan assumption — means you step in as the new payer on their existing auto loan. Instead of getting a brand-new loan, you take responsibility for the remaining balance and monthly payments.

On Buy Here Pay Here (BHPH) loans, this is often possible because the dealer holds the loan directly rather than a traditional bank. The seller finds someone (you) to take over the payments, you negotiate the terms, and both parties complete the car payment transfer with the dealer.

For BHPH (Buy Here Pay Here) loans, a car payment transfer is generally legal when done with the dealer's knowledge and consent. BHPH dealers hold the loan themselves and can authorize assumption agreements.

Traditional bank auto loans typically prohibit assignment without lender approval and are much harder to assume. Always get any transfer agreement in writing and consult a licensed attorney if you have questions about your specific situation.

Bye Bye Car Payment is a listing service only — we connect sellers and buyers, but we do not provide legal or financial advice.

It's straightforward:

1. Sellers post their car for a one-time $19.99 listing fee and share details about the vehicle, the monthly payment, and the remaining loan balance.

2. Buyers browse active listings and, with a $19.99/month membership, send inquiries directly to sellers.

3. Seller and buyer negotiate the assumption terms directly — down payment, takeover fee, monthly payment amount — and work with the dealer to complete the car payment transfer.

We connect the two sides; the deal happens between you, the other party, and your dealer.

A Buy Here Pay Here (BHPH) loan is an in-house financing arrangement where the car dealer acts as both the seller and the lender. Instead of going through a bank or credit union, you borrow directly from the dealership and make payments directly to them.

BHPH dealers often work with buyers who have limited or no credit history. Because the dealer holds the loan, they have more flexibility to approve a loan assumption — which is why BHPH loans are the type most commonly listed on Bye Bye Car Payment.

Listing your car on Bye Bye Car Payment costs $19.99 — one-time, no recurring charges for sellers. Your listing stays active until you sell or remove it.

That fee covers your listing being visible to buyers browsing the San Jose Bay Area marketplace. There are no additional fees to sellers when a buyer inquires.

That's exactly the situation Bye Bye Car Payment is built for. If you're behind on your car payments and struggling to keep up, listing the car for assumption lets you find a buyer who takes over the remaining payments — getting you out from under the loan before it gets worse.

The sooner you list, the more options you have. Waiting until the car is repossessed eliminates all of them. A $19.99 listing is a cheap way to find a way out.

Yes — and for many buyers, assuming a car loan is a smarter move than getting a new one. You skip the dealership, skip the traditional credit approval process (BHPH dealers have more flexibility), and can often get into a car for a smaller upfront cost.

Browse the listings on byebyecarpayment.com/listings to see what's available, then reach out to the seller directly. The existing loan terms — payment amount, remaining months — are already set, so you know exactly what you're getting into.

Bye Bye Car Payment is currently focused on the San Jose Bay Area — San Jose, Santa Clara, Fremont, Oakland, and surrounding communities. We're expanding to other California markets and beyond.

If you're outside the Bay Area, you're welcome to list or browse — just be aware most current listings are local to the Bay.

We take privacy seriously. Buyer contact details are only shared with sellers after a membership-gated inquiry — not public. Sellers' personal contact information is not visible to the general public.

All payments go through Stripe, a PCI-compliant payment processor — we never store your card details. Phone verification uses Twilio, an industry-standard SMS provider.

See our Privacy Policy for full details.

Email us at payrelay@polsia.app. We respond within one business day.

For questions about a specific listing or transaction, please include the listing details in your message.