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You can try, but the moment the dealership finds out (which only takes an instant), they'll reject the trade.
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∙ 10y ago
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Can you trade in car before repo?
If the repo-man is looking for your vehicle, you do not own the vehicle yet. If you take the vehicle in for trade-in, they will have to contact the person who owns the vehicle to get permission to trade it (meaning whoever loaned you the money). Whoever they call is bound to mention that they are in the process of repossessing your vehicle. In alot of cases you need ownership of the vehicle and only a title can prove that to trade in a car.
If my car has been repossessed can I still trade it in for a different vehicle?
No, you no longer have anything to trade (the car is now the property of the repo company not you).
If you catch up on your payments on a vehicle will they take it out of repo status?
I would think so, but you need to talk to the people who hold your note.
What happens if you dont return a vehicle under repo?
If you don't return a vehicle after it's put in repo status, it goes on your credit report as "Vehicle cannot be located." Once this is on your credit report, it's impossible to get refinancing for a new vehicle. The best thing to do after that is to file for a bankruptcy. The auto credit company will usually hire a investigator and they can file a lawsuit. But there is typically no criminal charges because, it's technically your vehicle.
Can they repo a vehicle after dark?
Yes
Can they repo a vehicle if it is in your driveway?
Yes.
Can a repo company take your car from behind a locked gate in California?
No one has the right to enter your property to repo a vehicle. I your vehicle is out in the street, then its fair game. If you see the repo man coming but has not hooked up to your vehicle, you legally still have possession of the vehicle. Once the vehicle has made contact with the truck the vehicle belongs to him.
If you voluntarily relinquished your car due to your unemployment status can you be subpoenaed to pay the remaining balance after they sell the car at auction?
They are not lying to you. A repo is a repo is a repo.
How does repo of a leased vehicle differ from repo of a financed vehicle?
NO, a lease is simply a contract like a loan. DEFAULT of either calls for repossession.
Is it illegal to hide a vehicle from repo?
yes
Who do you call to come and get a vehicle that the repo guys are looking for in Minnesota?
Call the repo guys OR the lender.
Can you get your trade in back after repo or void of sale?
No.
