If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
Either party ON THE TITLE is entitled to possession, but someone will HAVE to make payments or it will be repoed.
Read your sales contract.
turning over the title is NOT the only way to record a lien on your car. IF the lender did it correctly, YES, it can be repoed.
IF his name is on the TITLE and you want it OFF the title, you get him to sign. Otherwise, he can drive it tooooo.
No As far as finance company is concerned the car came with wheels, it has wheels on it when repoed. Done deal.
Then tell the Repossession agents where it is and who has it.
1)he will take the car you left if that is the car to be repoed. 2)If you are traveling in the car to be repoed he will wait for you to return and repo it after you get back.
If you aren't paying for that car's payments then yes. The only reason why your car should be repoed it because the payments aren't being made on it. It doesnt matter if your car is from the 1940's or if you brought the car last month, the car can be repoed if you dont pay the payment for 2 or more months (consult dealership for it's repo rules).
Most titles I have signed had instructions on the back. Call your local DMV to be sure you get it right the first time.
NO, not for just being repoed.
Even after 107 years.
Repossessed no. Confiscated yes.
Then you should pay your bills.
I missed my payment on my jeep and they repoed my other car. Can they do that
Of course it can. Especially if you just bought it brand new. The title isn't going to be in your name, rather it will be under the lien holders name who loaned you the money. If it is used same. A car can only be repossessed if it isn't paid off.
there is no reason for it to be on record, if you are a buyer
If my car is repoed and the car is not worth as much as I owe am I responsible to pay the differance?