0
Sure. But I guess if you feel they shouldn't bother caring about such a piddly sum, you can just fork it over. Pay your debts as you swore you would....don't try to make it like others are doing anything wrong.
By the way, all the costs of the repo, like legal fees and towing, and storage, and late charges, etc. will mean you'll certainly owe at least the 1000 after. No, they don't do it for free.
Add your answer:
Earn +20 pts
Who owns the car after it is repossessed?
It would go to a car auction and sold on to a new owner and may be sold for a price much less than it is worth
Can a car be repossessed if i owe less than 10 percent of the loan?
Yes, you must pay the entire loan off.
Do you have to pay for a car that was repossessed?
NO because if l/15=07.75936 then the total of your car payment must me less than that so u get your total of -6.973333 so u cannot
Can your car be repossessed from a different location than where you live?
yes
Is it legal for the car to be repossessed and still require payments to be made?
Generally, if the car was sold for less than the amount owed on the loan the lender may demand that you pay the remaining balance owed.
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
How can you locate your repossessed car?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
I paid 750 toward a down payment on a car I had 50 remaining. They repossessed my car the morning after I was supposed to pay the remaining 50. I had the car less than a week. Can I get my 750?
If I were you, I wouldn't of paid it if you couldn't. But I'm pretty sure you can
Can your car be repossessed if you lose your job?
No, but your car can be repossessed if you don't make the payments.
Can a car be repossessed from a car dealership?
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
Can a car be repossessed with a person in the car?
No.
When a car is repossessed what do you do with the insurance?
When a car has been repossessed the person paying the insurance should cancel it.
