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Yes, you can. My father did this. The thing is, you get a really high interest rate. You could try to have someone co-sign to get the interest rate down a little. Yes but why would you want too??save your money and buy a used car outright.Then there are no car payments or paying full coverage insurance.Think of the money you will save.
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∙ 13y ago
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If you are 3 months behind on your car payments can you still buy another car and let the other car go into repossession?
no
Can you buy another car while your other car is in repossession?
Yes. But you might have a difficult time getting a loan for it. If you just go pony up for a "beater" to get around in, you shouldn't have a problem.
Can you get your car back after repossession for no insurance from a buy here pay here?
no you can not sory
Can a vehicle repossession agent take another car if the original is no longer available?
No.
What is the best time to buy a car after a repossession?
When is the best time to buy a car? In summary the best time to buy or trade in a car will be as below: End of Year End of Month Monday to Friday
Where do you get car repossossion permit?
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
Can a car be repossessed when another car is parked behind it?
Yes, a car can be repossessed even if another car is in front of it. The person in charge of repossession the vehicle can call the police to help them get the car.
How do you write a car repossession letter?
How do you write a car repossession letter?
Is concealing a car from repossession a felony in Georgia?
is concealing a car from repossession a felony in georgia?
How long does the repossession process of a car usually take?
The repossession process of a car usually takes about 6 months
How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
If you bought a used car and want to return it and buy a cheaper one will it ruin your credit?
What makes you think you can just return it. You can't. You bought it, you own it. Now if you are talking about doing a voluntary repossession, of course it will ruin your credit for 7 years. A repossession is a repossession, voluntary or not.
