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YES, if they have the folks, ect. to do it. A lot of note lots do so.

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โˆ™ 2015-07-14 16:09:22
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Q: Can a car dealership who in-house financed the car repossess it?
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Related Questions

What can a car dealership do when your car has a lean on it?

If a car dealership has a lean on your car and you have not made the required payments they may repossess your car.

Can a dealership repossess your car if they are not the lien holder?

No. The lienholder is the only entity with a right to repossess.

Can dealership repossess car if i bring it in for service?

No, but the finance company can.

Can a car dealership repossess your car if they say you owe them more money for a down payment?

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.

Can a car dealership repo your car if you already have a lender for the vehicle?

The DEALERSHIP won't repossess the car, but the lender might if you don't make the monthly payments as scheduled.

Does a Florida car dealer have the right to repossess a car if financing fails and if so can a sales rep repossess the car without being a licensed repossession agent?

Yes, in both circumstances. When you sign the contract it is pending approved credit. The dealership owns the car and figures it can get you financed by the banks but when that fails to happen the dealership still owns the car. You are just driving till the contract is bought by the bank. The Sales rep can and will get the car because it isn't being reposed. They own it and he is representing them in getting it back. Sorry it happened to you but it does happen out there

Is it illegal to scrap a financed car the dealership did not want?

I'm not sure what the "dealership did not want" has to do with it but it is always illegal to sell anything that is financed. This is called "Selling of mortgaged property" and I believe is a felony

Does the finance company own your car if the dealership is out of business?

If you financed your car then it is always owned by the finance company, regardless of if the dealership is in business or not, until you finish paying it off.

Can a dealership repo a car for not paying all downpayment?

A "car dealership" CAN NOT legally repossess a car for any reason unless the are operating as a financial institution (bank/ Lien holder). And they had better be license as a bank if they are. (New York).

How can you be removed from legal ownership of your sons car that you financed through the dealership?

If you own the car, sell it to him for $1. That should solve your problems.

What car dealership offers the best car finance deals?

Most toyota dealerships off the best car finance deals through their own finanace company. In Dallas Champion Toyota is noted as probably the best dealership to get a car financed through.

I failed to pay the pick up payment can the dealer repo my car even if its financed through a bank?

Your car can definitely be repossessed because of nonpayment. The bank can actually send a company to repossess your car.

Can a car be repossessed by the dealership?

If the dealer ship financed the vehicle, or represents the financing party, such Ford Finance, or GMAC, then yes they can.

If the dealership had two of their salesmen come to repossess your car from just across town can they charge you 300 for doing it?

If it's in the contract, yes.

Can you misrepresent yourself to repossess someones car?

No, it is illegal to impersonate someone else in order to repossess a vehicle or another asset. For example: You can't tell the R/O of the vehicle that you're from the dealership and are going to detail the car on their behalf as part of a customer loyalty reward.

Can you return a car to the dealership within three days if it has been financed but there was fraudulent behavior on the part of the dealership?

you can not return a car with in any amount of time unless the sale was made away from the dealership i.e. at your house if there was fraudulent behavior you might point that out to the dealership thay may be willing to take it back in lue of a legal battle

Can a car dealer repo your car if 720 towards the down payment is owed yet chase auto finance has financed it?

A dealership can never repo a car, the bank is the party which would because you owe the BANK (aka chase auto finance) because u financed through them.

Will you be able to buy a new car if you let them repossess your current car?

You will not be able to immediately buy a new car if you are financing it because it will be difficult to get a loan. After some time has passed you should be able to get financed with a higher interest rate.

What is Texas law on repossession procedures?

Can the police repossess your car? Can the police repossess your car?

Can you register a financed car?

You can, should, and are legally required to register a financed car.

Can owner cancel insurance if car is inoperable for 6 months and auto is at dealership?

It depends on:Is the car financed? If it is the finance company will not allow the insurance to be cancelledIs the car likely to be driven or moved by the dealership? if so they must be notified before the insurance is cancelled.Other than that yes it can be cancelled.Warning!Vehicles that are left on the dealership property can be sold as abandoned in as little as 90 days. Is your car still there?

Can a dealership repossess a car already paid for in full if there is money owed on another car still being paid for?

Read the contract. If the second car is connected to the first, yes. Otherwise, not without a judge signing off.

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.

If a car is financed through a used car dealership do you have to have full coverage insurance?

If the dealer doesn't require it, probably not, but you have to decide if you want to take the chance of continuing to make payments on a car that you can't use after an accident.

My payments is behind but I want to trade it in. what dealership would take it?

I dont see why not. The dealership gets their money from the company that financed the car. You arent paying tge dealership, you pay the financial institution. Problem is, if you're behind on payments, that will not help you to get another vehicle.