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Making Payments After Returning a CarNo, you do not have to make payments HOWEVER.....once they sell the car you still owe the left over balance. Just because you don't have the car anymore DOSEN'T mean you didn't borrow the money

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No you do not have to make payments after returning a car as long as you are ok with having a repossesion on your credit history and as long as your ok with the finance company filing a judgment against you for the amount left owed after the sale of the returned vehicle.

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โˆ™ 2015-07-15 18:20:42
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Q: Do you still have to make payments after returning a car?
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Is it illegal to take a car out of state when you are still making payments on it?

Not as long as you continue to make payments on it.


What can you do if your car blows up while you are still making payments and you can't afford to make those payments and buy another car?

Depends on what you mean by


What if you have not made a payment for 4 months on your car and you can make future payments on the car can they still take your car?

Yes. Obviously!


Can you trade your car in for an inexpensive one?

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Can parents still insure your car when recently married?

You parents can be insured on your car and they can make payments regardless of your marital status.


If your car is in the shop but you are still making payments can they repo the car?

Not as long as the payments are current and have remained so.


If the bank repossess your car do you still have to pay your car payments?

NO but why would they repo if you are making payments. You don't still have to continue to make payments, however, if your car is repossessed, normally the finance company will sell the car and you owe any deficiency balance. In other words, let's say you still owe $5000 on your car and the finance company sells the car at auction for $4000. They will eventually contact you and you will owe the $1000 difference.


Can you repossess a car you were selling to a friend but they are refusing to make payments for it except for one when you still have the title?

I wouldn't see why not if there not living up to there end of the deal and its still in your name then its still your car.


Does a co-signer have the right to take the car if you are behind on payments?

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Do you need full coverage insurance if your car is 5 years old?

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What if you got a car in your name for someone else but they cant pay the insurance What should i do?

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If a car is repossessed and you agree to make some kind of payments ever month will they still list it on your credit as a repo?

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If you own your car or house and are no longer making payments should you still have insurance on them?

If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.


Is it illegal to sell a car when your still making payments on finance?

No its perfectly legal and if you are still making payments on it, that increases values.


Should you return a used car that has been totaled to the lender if you still owe two payments on the loan?

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

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How do you stop repossetion of your car?

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Your mom is a co-signor on your car loan and is filing bankruptcy you have always made the payments and still owe money on the car What happens to the car Do you still make payments What happens?

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Is it a crime in Kentucky to pull the motor out of a financed car?

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If you still owe a considerable amount on your car that isn't running should you continue to make the payments and insurance or voluntarily surrender it or sell it and take out a loan for the balance?

Sell or continue to make the payments. Do not let the car be repossed. This would hurt your credit and is the last thing to do.

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