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Yes, you can. My father did this. The thing is, you get a really high interest rate. You could try to have someone co-sign to get the interest rate down a little. Yes but why would you want too??save your money and buy a used car outright.Then there are no car payments or paying full coverage insurance.Think of the money you will save.

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โˆ™ 2010-09-11 14:51:53
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Q: Can you buy another car after a repossession?
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If you are 3 months behind on your car payments can you still buy another car and let the other car go into repossession?

no


Do still own the car after a repossession?

Depends. Are you receiving the car or are you selling the car.Repossession = againRepossession = ownershipRepossession = gaining ownership again


Can you get your car back after repossession for no insurance from a buy here pay here?

no you can not sory


Can you buy another car while your other car is in repossession?

Yes. But you might have a difficult time getting a loan for it. If you just go pony up for a "beater" to get around in, you shouldn't have a problem.


Where do you get car repossossion permit?

who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?


How do you write a car repossession letter?

How do you write a car repossession letter?


What is the best time to buy a car after a repossession?

When is the best time to buy a car? In summary the best time to buy or trade in a car will be as below: End of Year End of Month Monday to Friday


Can a vehicle repossession agent take another car if the original is no longer available?

No.


Can a car be repossessed when another car is parked behind it?

Yes, a car can be repossessed even if another car is in front of it. The person in charge of repossession the vehicle can call the police to help them get the car.


Is concealing a car from repossession a felony in Georgia?

is concealing a car from repossession a felony in georgia?


How long does the repossession process of a car usually take?

The repossession process of a car usually takes about 6 months


How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?

A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.


Can you get a personal loan after a car repossession?

You might be able to get a personal loan after a car repossession. However, you would get the loan at a very high interest rate one the repossession is on your credit report.


How long after repossession can you get a car loan?

The repossession stays on your credit report for 7 years.


Can police help the repossession men take your car in Michigan?

Possibly, but they can certainly prevent you from interfering, as it is no longer your car, hence the repossession.


Can you get your car back after a repossession if you file chapter 13 bankruptcy?

In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy


Can you register a car being repossessed?

The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..


If you bought a used car and want to return it and buy a cheaper one will it ruin your credit?

What makes you think you can just return it. You can't. You bought it, you own it. Now if you are talking about doing a voluntary repossession, of course it will ruin your credit for 7 years. A repossession is a repossession, voluntary or not.


How long do you have to wait until you can get another car after repossession?

It usually depends on a used car companys policy but most will go ahead and let you apply on line for another vehicle right away.


How do you get my car back after repossession in Louisiana?

Make your car payments.


How big of a market is there in automobile repossession?

There is a huge market for this because alot of people buy cars that they can not afford. Or they buy the car and due to certain curcumstances they are unable to pay for the car, but they continue to drive it without paying for it.


What happens in a repossession?

The repossession agent shows up and takes the car if everything goes correctly.


Does repossession show on your credit report as soon as the car is taken or after it is auctioned?

It can show at any time. A repossession is compleated as soon as the car is picked up so it does not matter what happens after the repossession it still did happen.


Does the repossession company have to report the repossession to the police after the repossession?

I only know about the state of Massachusetts. And yes in our state they have one hour to report the repossession to the police department in the town of which the car was taken.


When doing a repossession in Texas can you block their car in?

When doing a repossession in Texas can you block their car in?Check with the local police departments. You probably can, as long as the car is NOT parked on private property.

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