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Usually the lender, not the dealer, will just tack it onto your payments, but yes, you probably signed an agreement to insure contract. However, they do not want the car back, so, most of them will just add it, then ad it to your payment. The dealer, unless it was a buy here, pay here, has nothing to do with the car, once it is financed. The bank owns it, once they finance it.
AnswerYep, that's the way it works. Finance Company always requires Full Coverage Auto Insurance until the car is paid off. It's in your finance contractAfter pay off you can carry just liability if you like.
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∙ 12y ago
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Can your car be repo if you have no insurance?
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
Can a dealer repo your car for 1718.57?
Yes
How long can a buy here pay here dealer hold your car after repo?
A car dealer can hold a repo as long as he is the lien holder on the title.
If your car has been repossessed do you have to keep car insurance on it?
no, but it is recommended. the repo co has insurance and is bonded for this type of situation. you will have to provide proof of repo to your insurance co.
Can a dealer repo a car when theres a clear title on the car with no liensI have a clear title in my name?
No, if the car does not have a lien, then the dealer has no legal interest in it.I'm not sure why a dealer would even try to repo something they had no legal interest in.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
How do you get your newly purchased used car from the dealer to your insurance agent without any car insurance?
What happens when you purchase a used car from a dealer is that you get information from the dealer on the car you are buying, such as make, model, year, VIN number, then you call your insurance company. This can be done at your home or you can do it right in the dealer's office. If you are trading in an old car, you can transfer the insurance from your old car to your new car. Then, the insurance company will fax an insurance binder to the car dealer, because they will need that to transfer your car plates. You keep that faxed insurance binder as proof of insurance until you get your real policy in the mail from your insurance company.
In Utah can a car dealer repo the car and not give you the car or cureor not notfi you after its been repoed just simply keep your car?
yes
If a dealer damages your car while in repo- do you have the right to give the car back due to breech of contract on their part?
NO, but you can get it repaired. Do you have any proof that it was the repo that damaged it?
Do brakes get paid by your car insurance or no?
Brakes may or not be paid by your insurance or dealer depending on the company and the warranty in which your car is under. Consult dealer or insurance to verify.
What if the car dealer give you a car without proper insurance?
I don't really understand your question. The car dealer is not responsible for providing your auto insurance. It is your responsibility to obtain the proper insurance coverage for your vehicle and your situation.
How does the repo man get a key to your car?
I am a repo-Woman. If you purchased your car from a car lot, the car lot keeps a copy to the keys in case they need to reposess the car in the future when you dont pay. The repo-person can also get a key to the car from a dealer, such as GMC, etc. Or they can have a blank key, that accesses any car. If they dont have a key, they can tow it without a key. Pay for your car and you dont have to worry about it, :O)
