LightSpeedBid can purchase shared, co-owned, or jointly titled vehicles as long as the signatures match what your state requires. Many sellers search for sell a jointly owned car, sell car with two owners, junk car shared with spouse, or how to sell a co-owned vehicle, and LightSpeedBid simplifies the entire process.
Joint ownership usually comes in two forms:
- Joint owners with “AND” between names
This means both owners must sign the title before sale. LightSpeedBid handles this easily by allowing:
- Both owners to sign before pickup
- One owner to sign at pickup and the other ahead of time
- One owner to provide authorization if state law allows
- Remote signing if the parties are in different locations
- Joint owners with “OR” between names
This means only one owner is required to sign. This is the easiest scenario and LightSpeedBid can complete the transaction with a single signature.
Joint ownership is very common for:
- Married couples
- Divorced couples who still share a vehicle
- Parents and adult children
- Siblings who inherited a car
- Co-signers on older auto loans
- Business partners
- Vehicles shared between roommates
As long as the correct signatures are present, LightSpeedBid can buy the vehicle without issues. If a co-owner is out of state, unavailable, or unable to meet in person, the title can be signed ahead of time and left for the tow operator.
If the co-owner is deceased, LightSpeedBid follows state estate rules. This often requires executor documentation or a short affidavit. The platform handles these cases regularly and will guide you as needed.
For shared ownership disputes, LightSpeedBid cannot intervene, but once all legal owners agree, the sale proceeds smoothly.
In summary, LightSpeedBid makes it extremely simple to sell co-owned vehicles, ensuring a legal, effortless, and fast process with no complications.