* Notification: It's generally a good idea to inform both the lender and the cosigner before moving the car out of state. This is especially important if the loan agreement has any restrictions on the car's location. Failure to do so could be a breach of contract.
* Loan Agreement: The loan agreement itself dictates the rules. Some lenders may require specific notification or have restrictions on where the car can be driven. Check the loan documents carefully.
* Insurance: Ensure the car insurance policy covers the car in the new state. Insurance requirements vary by state.
* Registration: The car will need to be registered in the new state according to that state's laws.
In short, taking the car out of state is usually permitted, but always review the loan agreement and communicate with the lender and cosigner to avoid potential problems. Ignoring these steps could lead to penalties or even repossession.
