no it can't because the used car is used
can you repossess a car for non payment of late fees even though the initial payment has been made in Colorado
NO! , he defenetely cannot do that. you at least have to be 3 months past due.
A dealership willnot need to repossess a vehicle in any state unless it is a buy here pay here type dealership. If this is the case, the dealer should contact a local, private repossession company. Find one of the larger possible companies, this will offer more resources. Then leave it to them. It could take some time, but if you give them all the information you have on the debtor, they will find and secure your car.
IF the dealer is acting as the banks agent(hired to repo), YES.IF you bought the car from that dealer, the dealer may have had "recourse" on the loan, so that he/she had to do the dirty work if you didnt pay. $124.00 is not the main question, how LONG has the $124.00 been in default??
The buyer has the right to surrender the vehicle before he picks it up. Or pay for it.
I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.
depends what you're trying to return it for. if it falls under your local "lemon" laws then you have grounds for a refund of purchase otherwise you're stuck with the vehicle or you can stop paying and they'll come repossess the car.
If you purchased the car in full with cash then there shouldn't be a lien. Look at your paperwork to make sure it says "Paid In Full" if it does the dealer has no right to repossess a paid in full vehicle. A lien is where you are making payments for a vehicle and the vehicle is being used a collateral until the vehicle is paid off.
That depends. If this is a car that you've had for a substantial amount of time, and if the dealer has already "cashed" the contract and has been funded from the lienholder, then the answer is no. Once the dealer receives funding for the car from the lienholder, the lienholder is then transferred the title. Only the lienholder can repossess your car for non-payment.This isn't to say that the auto dealer can't press criminal charges against you, but again, it depends on how long you've had the car. If you just recently bought the car and wrote a bad check for your down payment, you can probably count on getting a letter from the solicitor in your county.An exception to what I said above is if the dealer has not been funded from the financial instution financing the car. In that case, the dealer can cancel the contract with them and demand that you return the car to them.Another :Not only can they repo the car they can file charges against you for grand theft auto (because you used fraudulent means to secure a vehicle loan), grand theft (if the check was over $200), uttering of a bad check as well as possibly fraud. Better give the car back or make the check good and FAST!
Yes, used car purchases are subject to sales tax in California.Related Information:When the purchase is made privately, the tax is usually paid at the DMV at the time of registration. When purchasing from a dealer, the dealer usually handles the sales tax payment, but in either case, it comes out of your pocket.
The question is, "Why would you worry about a missed payment when you have interest in the vehicle?" The money that you used as your down payment and any payments you have made total your interest in the vehicle. Why are people running from the repo man when in fact you can place the finance company on notice that, if your interest is repossessed, you will file criminal charges in federal court against the finance company and get triple what the car is worth. I guarantee you they won't take it. You can also put a mechanics lien on the vehicle to protect your interest in it.
No they do not. And they will repo your car if you are too far behind. They may tell you that they will repossess your car if you are 10 days late, but it is a tactic used to scare you. They would loose more money trying to repo your car than waiting on your payment after 10 days.
Dealer invoice is a term used to describe dealer cost of the vehicle.
First, work for a used car dealer atleast 6 to 12 months. Then prepare a good used car dealer business plan. Go from there.
"You may purchase a used MPV at a Mazda dealer. Depending on the dealer itself, you may buy a variety of used and new vehicles to comply with your needs."
Dealers offer payment plans, possible warranties, and recertified vehicles, but their cars are more expensive. Private parties tend to sell the cars more cheaply but offer no warranty or payment plans. If you know the private party and the care the car received, then that is probably the best option.
My daughter went to a used car dealer and paid by the week. After doing that she traded the car at a dealership and got a better used car for a decent monthly payment. Your credit score will improve over time and you will be able to get better terms on a car.
No. Dealer is a noun (a person). Used with another noun (dealer discount, dealer incentives), it is a noun adjunct rather than an adjective.
A loan payment calculator is used for helping you to calculate a monthly payment for any type of loan. You can use it for a mortgage, car, boat, cottage, etc.
No, it is a noun. It may be used with other nouns as a noun adjunct (e.g. dealer costs, dealer sales).
A button used to show who the dealer is in a card game, such as poker.
It depends on what you are trying to state. You could use re- to form repossess, or dis- to form dispossess.