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A dealership can only repossess your car if you do not pay in accordance with the sale agreement. If you did not pay the agreed down payment, the car may be repossessed.

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โˆ™ 2014-08-28 17:33:22
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Q: Can a car dealership repossess your car if they say you owe them more money for a down payment?
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Related questions

Can a dealership file repo on you if you didn't make a down payment?

If the dealership holds the title (Buy Here, Pay Here) then yes. If the bank you financed it with already has the title and you have your tags, then no. The dealership can, however, place a judgment on you for the amount of the down payment.


Can a lender repossess a car if you do not pay down payment?

Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that vehicle.


What stuff do you have to pay when you are going to get a new car at a dealership?

You will need to pay a down payment when you get a car at a new dealership.


Can a dealership repossess a car without there ever being a car loan - and down payment made and cashed?

If you have not fully paid for the car, it is not yours. The loan papers allow you to use the car until it is paid for; without the agreement you have nothing.


Can a car dealership cash your check that was used for down payment if you were never approved for financing?

A check given to the dealership will be cashed. This is normal in business. Whether they can keep the money or have to return it is based on what your purchase agreement reads. Where I live if the purchase agreement has "Subject to financing" on it the down payment must be returned if the dealer can not get you financing and you can't get outside financing. If it does not have that in it they get to keep the money.


What about your down payment money?

pay it


what application do i fill out in order to obtain grant money for down payment of a home?

is there grant money for down payment of a home


If you do not pay the down payment to the dealership within the agreed upon 30 days can they repossess your car?

Mike, READ the contract you signed agreeing to do certain things in exchange for a car. What does it say about if you are in DEFAULT? If you dont perform any one of the conditions of your loan, they you are in default and can be repoed.


Can you get a cell phone with no money down payment?

No.


What did mama do with her money?

She put a down payment on the house


Can a friend loan you money for a down payment on a house?

Yep.


What happens to your down payment in foreclosure?

The money is gone after foreclosure.

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