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How long does an Iowa dealership have to keep your vehicle before selling it if you are promising to pay after it has already been repossessed?
Wiki User
∙ 8y ago
http://www.legis.state.ia.us/IACODE/2003SUPPLEMENT/554/9610.html 554.9610 Disposition of collateral after default. 1. Disposition after default. After default, a secured party may sell, lease, license, or otherwise dispose of any or all of the collateral in its present condition or following any commercially reasonable preparation or processing.
2. Commercially reasonable disposition. Every aspect of a disposition of collateral, including the method, manner, time, place, and other terms, must be commercially reasonable. If commercially reasonable, a secured party may dispose of collateral by public or private proceedings, by one or more contracts, as a unit or in parcels, and at any time and place and on any terms.
Wiki User
∙ 8y ago
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Dealership selling used car as new?
There are lots of dealership in selling and buying the car as new. The dealer is usually paid on a given commission depending with the agreement reached.
Will a car dealership payoff a leinholder?
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Can you sell your car to a dealership?
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Can you sue a car dealership for selling a car a murder happen in?
Really!?!?! You seriously want an answer to this? Can you sue a gun dealer for legally selling a firearm to someone who commits a murder with it? No! Wow amazing!
