Hello everyone, 

Lets say I want to transfer an existing auto finance to my name and will that be a new contract from the bank/finance company or just same contract and I simply continue the remaining installments then vehicle be under my name. 
Is it possible the bank/leasing company deny the transfer request without doing a new agreement? 
Anyone gone through such a procedure before? (I cant pay the full amount and take over the vehicle since my friend had paid only 15 installments. I just want to pay the remaining installments under my name)

And also I heard about the requirement of first class insurance by the bank to transfer a ownership, since car which am willing to buy from my friend is already having first class insurance which is just 3 months old. So is that possible to use the existing insurance (Roojai) instead of buying expensive first class insurance from bank? 

Please guide me through this. 

Go to to finance company with the owner and sort it. 

Thai financial lenders have an age limit for lenders. if you are over 60 you may have a problem.