Can a buy here pay here car be repossessed?

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Even though it is a buy here pay here dealer it is in the contract you signed. You dont pay they will take your car and you WILL have to pay the late payments on top of the repo cost before you get your car returned.
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In Auto Loans and Financing

How long does a buy here pay here take to get a car repossessed?

Answer . Every company is different..collections start the minute a payment goes past due. Usually the repo starts after 3 pmts are due maybe sooner if th (MORE)
In Repossession

Can a buy here pay here put a repossession on your credit report in the state of Florida if you have not had the car over 3 months?

If they repossessed the car, you bet they can. It makes no difference how long you had the car. You failed to make your payments and the car was repossessed, so (MORE)
In Repossession

Can a buy here pay here car lot repossess your car and not want a payment and not want to give your car back?

\nThis depends on the contract. Many contracts allow them to demand full payment if you are even one day late. You then usually have 10 days or so to pay the (MORE)
In Used Car Buying

Can you take a buy here pay here car out of state?

Most places that allow customers to 'buy here, pay here' will let abuyer take a vehicle to a neighboring state. The business doing thefinancing will want to be (MORE)
In Car Buying

What is a buy here pay here car lot?

This usually refers to a car dealer that does their own financing. Because there is often no bank, you would pay the car lot directly.
In Repossession

What is the law for car repossession for a used car at a buy here pay here dealership?

It may vary by state, but car repo (snatch and run) is against the law in Louisiana. If the repo man shows up wanting you to sign some papers, and has a cop sit (MORE)
In Auto Loans and Financing

If you take a car back to a buy here pay here do you still have to pay the balance?

Yes, of course. Read your contract. A BHPH lot offers alternative financing to people who can't get financing otherwise. The terms are the same as any standard (MORE)
In Auto Loans and Financing

How does a buy here pay here car dealership work?

Basically, instead of going through the process of getting a loanfrom a bank, the dealership holds the lien and lets you pay themdirectly against what you owe.