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In Florida when a car is repossessed do you still have to pay for it?
Wiki User
∙ 12y ago
The vehicle will be sold. That amount will be applied to your balance. You will be responsible for the remainder owed along with any fees associated with the legal aspects etc
Wiki User
∙ 12y ago
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If car is repossessed does the owner have to still pay original cost of car?
In most cases YES
What can happen if you don't pay a title loan and you still have the car?
The vehicle can be repossessed.
Can a car be repossessed from a car dealership?
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
What can you do if a 'buy here pay here' reports your car as repossessed but you still have it?
Offer to buy it.
Do you have to pay the difference on a repossession car loan?
Not sure of your question. Do you mean do you still owe after the car is repossessed? Or do you mean do you have to pay off a loan to buy a repossessed vehicle? It depends on the state you are in, contact the lender.
I was two months behind but still pay a payment every month. can the car still get repossessed?
If they are accepting your payments, they probably won't take your car.
How can you locate your repossessed car?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
If you allow a car you cosigned for to be repossessed then pay off the balance after it is auctioned will it still affect your credit?
IF you can pay it off AFTER it is sold, it will still show as a repo on your credit. BUT if you can payoff then, pay it off NOW and you get to keep the CAR.
Are you still responsible to pay off the remainder of your car balance once it is repossessed?
YES. Read your contract.
How do you get a title for a car that has been charged off for non payment?
Pay it off. It will still likely be repossessed.
Once your car has been repossessed in Florida can they freeze or take monies from your banking accounts to pay deff judgment?
i have nofing clue
Do you still have to pay off the loan once your car is repossessed?
In almost all cases, YES. At the very least you will pay the difference in what the car sells for and the balance on the note.
