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What options are there when you owe too much on your vehicle to sell it but can't afford the payment and want to get out from under it?
Wiki User
∙ 19y ago
Pretty obvious: You have to either 1)pay somebody to take it off your hands, or 2)get the finance company to give you some slack, ie, extend the term of the loan, or negotiate a lower rate. Go to a different financing source, like a Credit Union, if you are a member of one.
Wiki User
∙ 19y ago
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What is the time limit to recover a repossessed vehicle in Texas?
Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.
Does the liberator method work and how much does it cost?
The cost and payment options are found under the FAQ's on The Liberator Method web page.
All I want to do is try to replace a knock sensor in my car I have no idea of what I am doing where is it located do I replace it from under the hood or do I get under the car?
You have two options, purchase a shop manual for your vehicle and read it, or take your vehicle to a garage and let them fix it.
To return my car to a dealer because I can't afford the payments What are my options?
If it's a used vehicle, you have 3 business days to return a vehicle under federal law - Saturday counts as a business day. If it's used and beyond 3 days, or a new vehicle, you're SOL. You can attempt to get a better job, sell it at a loss, or try to return it - keep in mind that a voluntary repo is the same as an involuntary repo, and your credit report will be dinged accordingly.
If payment is a month behind yet two weeks ago made a full payment can they still threaten to repossess?
AnswerProbably, but if payments are kept current it would be unlikely that a creditor would take such action. When a scheduled payment is missed the account is in default even if the payment is "made up" and the creditor can exercisewhatever options might apply under the original agreement, including repossession of the item.
Is there an eBay for kids?
not officially, there are kids that use their parent's account to buy and sell items, but since the payment options eBay has is not available to most under 18, a child would have to use a parent's account.
Can a lienholder repossess a car if it is not in default but in the impound?
As long as you continue to make the payments, they would have no reason the instigate a repossession. When a vehicle is financed or leased, the creditor has an interest in the vehicle and rights under the contract you signed. If you are in default of the contract either by default in payment or otherwise (failure to insure or other terms) the vehicle can be repossessed.
Collecting insurance with a lien on the vehicle?
leinholder must be included on the payment (if that is what you are asking), in ''first party'' claims.........they are an insured same as you under the policy............more reasons regarding this let me know if not sufficent
Does chrysler have to pay to get code p1004 fixed?
Only if the vehicle is covered under warranty.Only if the vehicle is covered under warranty.
What insurance is best suited for collisions in a car?
All types of insurance will have this options for automobiles. The best one to sign up for regarding accidents is under automobile or vehicle insurance for yourself.
How many cars can you have under geico insurance?
As many as you can afford.
Where is the gas tank on a 2004 Alero?
Under the rear of the vehicle. Crawl under the vehicle and you will see it.
