0
Can a used car dealer repossess a car that is not in delequent of payment?
Wiki User
∙ 2008-10-27 16:19:37
No, and why would they? If the payments are up to date and have been made on time, there would be no reason for the dealer to repossess the vehicle.
Wiki User
∙ 2008-10-27 16:19:37
Add your answer:
Earn +20 pts
Can a used car dealer repossess a car that is not in delinquent of payment but had late payment history?
Yes
Can a used car dealer repossess a car if they have an unsigned title to that car and that car did not leave the property?
no it can't because the used car is used
Do late fees be used for repossession of a vehicle?
can you repossess a car for non payment of late fees even though the initial payment has been made in Colorado
Can a used car dealer repossess A CAR in Texas if YOU have not missed any payments?
NO! , he defenetely cannot do that. you at least have to be 3 months past due.
If someone bought a car from a used car dealer and they wanted to repossess the car what is the buyers rights?
The buyer has the right to surrender the vehicle before he picks it up. Or pay for it.
Can a used car dealer repossess a car with a balance of only 124 dollars if there is a loan on the vehicle from a bank?
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??
You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?
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.
What recourse does a used car dealership have if they need to repossess a vehicle in Texas for non payment but cannot locate it?
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.
Do you have to pay sales tax when buying a used car from a dealer in ca?
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.
How do you return a purchased used car to a dealer?
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.
What is dealer invoice?
Dealer invoice is a term used to describe dealer cost of the vehicle.
Can a lien on car you perchused full in cash but dealer has a lien on the car still be reposessed?
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.
