Legal Question in Consumer Law in Iowa

We are in the process of selling a used car. A woman called and wants to buy it, but wants to make payments on it. Is there a "safe" way to sell a car on contract? I looked online, but most places suggest getting payment in full and have the contract state that the car is sold "as is." I can't find anything that tells me that the seller is protected when the car is sold to someone who wishes to make payments over a period of time. Is there a "safe" way to sell a used car to someone who can't pay in full?

Asked on 10/21/13, 7:15 am

1 Answer from Attorneys

Robert Luedeman solo practitioner
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The answer to that is no.

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Answered on 10/21/13, 5:10 pm

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