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Can a dealership repo your car when you paid them 4000 down and was scheduled to make payments starting the next month but you had a verbal agreement between the co-owner to pay 60 days later instead?
Wiki User
∙ 16y ago
Yes. Once a contract has been defaulted on, the lender may take whatever action they choose to recover the vehicle and the debt that is owed. The agreement between the two buyers is not relevant as it does not affect the terms of the contractual agreement between the buyer(s) and the lender.
Wiki User
∙ 16y ago
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