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Can a dealership repossess your car if they are not the lien holder?
Wiki User
∙ 10y ago
No. The lienholder is the only entity with a right to repossess.
Wiki User
∙ 10y ago
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Can i repossess a car if have a lien on the tile?
If you are the lien holder, yes.
Who can repossess your car?
An Authorized Recovery agent working on behalf of the lien holder can repossess the vehicle from the lessee. It is Illegal in the state of Indiana for someone who works for/ at the car lot or for the lien holder to repossess a vehicle under the car lot/ lien holder's company name. The duty of repossessing a car must be hired out to a recovery agency.
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).
Can a lien holder repossess your car if you have a clear title?
sure can if they have a title too
If you are the lien holder on a car can you reposs a car if there is no insurance on it?
Whether or not a lien holder can repossess a car if there is no insurance depends on the contract, local law, or both. In this state, a verbal contract is valid. You will need to check local law.
Does the lien holder have the right to repossess your car if you left on a handshake and you had no contract and it was a private lender?
Yes. If the lien is valid, a written contract is not necessary and the holder can legally repossess the vehicle in conjunction with the existing laws of the state in which the vehicle is located or in some cases where it was sold.
What is a repair facility's legal responsibility regarding vehicle repossession?
Not sure what you mean. If you are asking if you have a bill from a mechanic and don't pay it, can they repossess the car? Not without a court hearing. If you have a car that is held by a lien and the lien holder comes after the car while it is being worked on, the lien holder CAN and WILL take the car.
Car not paid for but i have car title?
You have the title, but I bet on that title the lender you own money to is listed as the lien holder. He can repossess the car at any time if you miss payments. Having the title means nothing.You have the title, but I bet on that title the lender you own money to is listed as the lien holder. He can repossess the car at any time if you miss payments. Having the title means nothing.
Can a person sell a car and remain a lien holder till all the payments are made?
Yes, a person can sell a car and remain a lien holder until all the payments are made. This is done once in awhile and works well if you don't have to repossess your car.
Can a lienholder repossess a car if it is titled to another lienholder?
When there are multiple liens on a car, it is possible for either lien holder to repossess it. However, one lien holder is normally in the first position and the other one is in the second position. The one with his name on the title is normally the one in the first position and is the one who gets paid first when a car is repossessed, no matter who does the actual repossession.
How long does the company have after the car is sold to sue for amount owed on car?
This is an almost impossibility, unless the title has been doctored. If "the company" sold person A the car, the title contains that company's name as a lien holder, which means that the car cannot be transferred to another person without the approval of "the company". Look at a car title from a dealership, for example, and see what color it is. Then look at a title for a vehicle that is paid for and is free and clear. The dealership title has the dealership name on it as the lien holder, different color title. The free and clear title has no lien holder and is a different color. If a car has been sold with a lien holder, person A is responsible for payment for the car, regardless of who is driving it.
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.
