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Thank you for your question. As a co-signer on the loan, you have the ability to take back the vehicle. You may want to warn the primary borrower that you are going to do this; however, you have the right to take the car. If you are planning to get rid of the vehicle, you may need the primary borrower to sign over the title, if you are not listed on it. You can request that the vehicle be repossessed by the lender; however, this could reflect negatively on your credit.
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If you are planning to dispose of the vehicle, the title may require execution by both people on the title.