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if you want to get out of the car and the payments, you can sell the car privatly, ask for a good price on the vehicle so you can have some extra money to payoff the principal balance owed on your car loan, if you have one. then once the vehicle sells, take the money to the loan company pay the principal balance, then take the rest as pocket money, or if your not comfortable with doing this you can hire a finanial advisor to asist you, their always looking to help people save money.
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∙ 13y ago
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Does a co-signer have the right to take the car if you are behind on payments?
When you fail to make payments, they go after the co-signer. It can affect his credit. If he makes the payments he can take the car. You wouldn't want to make payments for someone else's car.
If your car is in the shop but you are still making payments can they repo the car?
Not as long as the payments are current and have remained so.
What causes the repossession of a car?
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
How can I estimate my car payments using a traditional calculator?
The best way to figure your car payments is to first call your insurance agent with the kind of car your thinking of getting to see roughly how much those payments will be and the car dealer will tell you what your car payments will be and just add the two together and see if it fits your budget.
If the primary buyer refuses to make car payments and drops the car off to the cosigner What is the cosigners responsibility?
To make the car payments. Just be glad you have the car too.
Making car payments can your car be repo?
If your paying for the car, they cannot!
How long can you go without car payments before they repossess it?
Three payments
How do you stop repossetion of your car?
Make your car payments ON TIME!
What are reasons for a car to get repossessed?
If you don't make your car payments.
How do you get my car back after repossession in Louisiana?
Make your car payments.
What are the consequences of not making car payments?
If you do not make car payments you will default on your loan or lease. It will ruin your credit and end up with a repossession.
How can one get someone to take over car payments?
The best place to go for advice about someone taking over car payments is the local bank. They will be able to offer advice about what to do if someone is no longer able to pay their car payments.
