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Can a repossessed car be voluntarily returned to a dealer in a state other than where it was purchased?
Wiki User
∙ 8y ago
YES you can. Just notify the lender where you dropped it off. No need to let it sit at a dealership for 2-3 months doing nothing waiting for the lender to locate it. That will save you a lot of phone calls from the lender also.
Wiki User
∙ 8y ago
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Is the owner responsible for any paperwork when voluntarily returning a repossessed vehicle to a dealer?
What state are you in??? Laws VARY by state.
You were notified the loan was not approved and you needed to return the car you never returned the car or had it registered in your name and it was never repossessed how do you get rid of it?
Return it to the dealer.
Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
How do you buy repossessed tractor trailers?
Repossessed tractor trailers can be purchased from some tractor trailer dealers. If the rig was previously financed by a bank, the bank repossessing it will try to sell the tractor trailer to a dealer before selling it to the public.
Does your partial downpayment have to be returned to you if you never paid the balance and the dealer repossessed the car a few weeks after purchase?
NOT unless the contract stipulates that it will be. Otherwise, it is a contract in DEFAULT with the collateral in the lenders possession.
In New Mexico can you return a used car the day after you bought it?
A used car can be returned the day after it is purchased in New Mexico if the dealer offers this advantage. Lemon Laws exist in New Mexico and a defective car can be returned the day after it is purchased with no problems.
How long do you have to return a car to the dealer in Oregon?
Once a car is purchased you can not return it to the dealer in Oregon. However if the car has serious mechanical defects it may be returned under the Lemon Law
Do the car dealer have to return rims that were added to the repossessed vehicle?
No
Can you voluntarily give back a car just purchased before any money is paid on it?
Check with the dealer where you bought it. Some local dealers in my area will take it back before 30days.
If your car is repossessed by a 'buy here pay here' dealer does it affect your credit?
Only if the dealer reports it to the credit bureaus.
What does repossession of car mean?
When a car is repossessed it usually means the owner is no longer able to make the payments. It is repossessed by the dealer or the bank in which to owner has the loan through.
Is a person responsible for the remaining balance of a reaffirmed car loan when it is voluntarily returned to the dealer after a bankruptcy?
Yes. When you reaffirm you agree to continue the debt and it is removed from the bankruptcy estate. Also, the debt in this case is post-peition.. as in it came about after the date of filing.
