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Can a car dealer repo your car if you are only 6 days late?

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2011-09-12 14:38:43
2011-09-12 14:38:43

Read the contract you signed. Does it include a GRACE period? If so, were you past that also? Does your state require Lenders to send a "right to Cure" letter before they repo? In states that do NOT require the "right to cure" notice, 6 days means they couldn't find the car for 3 days.

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You pay the LENDER what you are behind and the repo fee and go get it.

It is done in time not money i.e. days late.Generally 30-45 days late triggers a repo but they can repo after one day late.

Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.

How many days csn you be late befor repo

Read the contract you signed. They very well may be able to repossess the car if you are 30 days late. Depends on the contract and your state laws. Legally you have defaulted on the agreement if you are 1 day late.

Yes, they can repo it for being 7 minutes late. Most generally will not unless its a first payment defaut or they have reason to believe you are going to screw them.

We live in the state of Ga, and had been late many times up to but no more than 15 days late on our vehicle. Repo man showed up this last time as we were only 12 days late? Our lain papers say as long as we werent 15 days or more late??? whats the deal?

if you are late 15 days on your payment they can take your car away.

Usually there is a grace period for late payments; however it is not a requirement.

YES, anytime you are in DEFAULT, the lender can repo. Tote-a -note lots are famous for 3 days late repos.

A car dealer can hold a repo as long as he is the lien holder on the title.

payment late?? then its NOT on time and in DEFAULT. WHAT is not stated in the contract??? No lender is going to repo a car when only one payment is 3 days late. If you have made all the payments on time and you are only 3 days late, and they repossed your car, you need to contact the lender and see what is going on. Something is not right here.

In many states it only has to be 30 days late. 7 mos. is more than time req'd in any.

After sending you a "20 day right to cure" notice they can.

Yes, if the Lien Holder of the vehicle gives them permission to repo.

It looks borderline MEAN, but if you were late, you were in DEFAULT and the lender has the right to repo when you're in default. Some lenders (BHPH lots) are MORE aggressive in their repo policies that others.

You are very close to repo time call the lender and explain the situation as to why you are late they usually will work with you.You usually don't get notification of a repo but it depends on your state.

No, if the car does not have a lien, then the dealer has no legal interest in it.I'm not sure why a dealer would even try to repo something they had no legal interest in.

One day late puts you in default and when in default, you are subject to repo. MOST lenders wait 30-60 days. They want the MONEY, not the car.

Yes, they can repo your vehicle if it is even one day late. Check your contract, though. It might tell you how long exactly you have. If it gives you a time period of, say, two months and they repo it after one month, then you may be able to get your car back because they breached the contract. However, if there is no guaranteed grace period, that probably means they can repo it anytime you default on your loan.

7-10 days unsually. But only to your last known address.

Theoretically, a car can be repossessed after 1 day of being late with payments. In practice, most banks don't take action until 60 or 90 days.

No they do not. And they will repo your car if you are too far behind. They may tell you that they will repossess your car if you are 10 days late, but it is a tactic used to scare you. They would loose more money trying to repo your car than waiting on your payment after 10 days.


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