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Yes you can make profit on the car if you buy it from the bank.
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∙ 12y ago
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Can your car be repossessed if you lose your job?
No, but your car can be repossessed if you don't make the payments.
What are reasons for a car to get repossessed?
If you don't make your car payments.
Ways to cause your car to be repossessed?
The only way you can have your car repossessed would be to not make any payments. If you have taken out a loan and have not made payments, they will take your car away.
Can a military members car be repossed?
Anyone's car can be "repossessed" if they don't make their car payment.....
Car repo in ny?
A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.
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.
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
If your driver's license is suspended can your car be repossessed?
Not for simply having your licence suspended. Now, if you lose your job as a result of it, and are unable to make your car payments, then it can be repossessed for nonpayment.
How can you locate your repossessed car?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
You have one day before your car is repossessed is there any payment options?
Call the lender, and make some kind of arrangements. Do not let your car get repossessed. You will be responsible for the balance on the loan. no
Why does a car get repossessed?
The person who bought the car didn't make payments so the bank takes it back.
What the procedure for getting your car back after being repossessed?
Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.
