What research should one do before buying repossessed cars?

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Before buying repossessed cars, you should first research the frequency of repair and maintenance costs on the models in auto-related consumer magazines. You can also ask for the car's maintenance records from the owner, dealer or repair shop.
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What should you do before buying a car?

Just a common sense approach with this suggestion.The reason youwould buy a newer or new car is your current vehicle is costing youmore than a car payment each month.My recomm

Where can you buy repossessed cars?

Here is a variety of advice: . If I were you I would check out your county for repossessions to be sold they generally sale for 2/3 of the loan value. . I would NOT buy a

Should the lender tell you where your repossessed car will be sold so you can buy it back?

It is not required. However, if you do discover where the vehicle is to be sold, provided it is close enough for you to travel, you can attend if it is a public auction as opp

How do you buy a repossessed car?

If you are trying to buy a specific car, you can contact the bankor whoever holds the lien on the vehicle for more information. Youmay also start online with a free directory

Can you buy another car before your car gets repossessed?

O' yea, that is a brilliant idea. If you can afford to buy another car, then you can afford to pay for the one you agreed to pay for. Make the payments on the car you now own,

Can you buy another car after a repossession?

Answer . \nYes, 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 lit

What is the catch in buying repossessed cars?

The biggest turn-off when buying Repossessed Car: As you already know, Repossessed Car Auction is a great way to buy your new car or other types of vehicle (boat repo aucti

Where can you buy repossessed cars from?

Repossessed cars can be purchased directly from Banks and Credit Unions. Many larger Banks and Credit Unions will simply send the vehicles off to "dealer only" auctions, but m

Can you strip a car before repossession?

You can, but its not a good idea. That will be classified as theft from the company, and they will then reposses your stuff to make up for the lost things from the car.

Should you buy car before or after buying a home?

I know Banks factor any big ticket items financed by a credit cardthat will increase your Debt to Income Ratio but if I am great atmanaging my finances and my history will pro
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What should one know before buying a used car?

Before purchasing a used car, determine if the cost of a used car will fit into your monthly budget. You should research cars to find a target list of three different cars tha