Cars & Vehicles
Auto Loans and Financing
Repossession

Can a finance company repo your car in Texas and then place it on their lot and sell it without notice to the buyer if the finance company also owns the car lot?

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Wiki User
2005-10-29 03:04:52
2005-10-29 03:04:52

Yep. That's the buy here/pay here way of doing business. Make loans to people who can't qualify for a bank loan and when you show them that the bank was right, the car goes back on the lot.

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