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The bank will sell yours at auction. Whatever they do not recoup, you owe the difference.
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∙ 16y ago
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Can a car be repossessed from a car dealership?
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
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.
How can you get your car repossessed?
dont pay the payments ever
Your car was repossessed how can you get your car back?
If your was repossed you need to call the car company and pay your car
Do you have to pay off a repossessed car?
Most of the time you do, YES.
My Car was repossessed what do I owe the bank?
They will auction the car and you will have to pay the difference of what you owe and what the car sold for.
How do you get your car out of impound if it was repossessed?
Pay the company for the car, like you should have during the time you had it.
My car was not repossessed but the account was charged off what can happen?
Will be repossessed, be patient. You either pay off, or pay off. No longer able to make payments. They will repossess the car and sue for the difference. Sorry.
Can your wages be garnished in the state of Georgia to pay for a repossessed car?
YES.
Do you have to pay the difference on a repossession car loan?
Not sure of your question. Do you mean do you still owe after the car is repossessed? Or do you mean do you have to pay off a loan to buy a repossessed vehicle? It depends on the state you are in, contact the lender.
How soon can you buy a car after a car has been repossessed?
You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.
If car is repossessed does the owner have to still pay original cost of car?
In most cases YES
