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Can someone who has repossessed your car in Colorado also keep any money you have paid?


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Wiki User
2015-07-15 18:45:17
2015-07-15 18:45:17

YES

I guess I phrased the question badly..

The car dealer repossesed the car (illegaly, because he gave no notification), and threatened to keep the car and all the money that had been paid. He wouldn't work out any new terms before that. And he would not accept full payment of the car on the date the final payment had to be made.

He will very soon be put out of business.

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Buying a repossessed car today can be a great way to save money, but be careful to inspect the car to be sure there are no hidden problems since they are typically sold "as is". Some dealers specialize in repossessed cars and you can also find them at a local auction.

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I can can be legally repossessed no matter where it goes in the USA. As long as the repossessor can find the car and identify it as the one to be repossessed. It may not be cost effective if it is a long distance unless the vehicle is of greater value than the cost of returning it and paying someone to do that. They can also wait until you return.

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You can take courses at Colorado College for record production. You can also take courses at Colorado Technical University.


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