There is NO notification system in place for that. However, if the unit is being "hidden", a good recovery agent will check with a dealership for possible new addresses. Sooo, you can get busted at the repair shop.
Yes they can.
It depends, usually the repo man will come to the dealerships and tell them a price they'll repo a car for. The company I work for charges roughly $150 a car, but if we have to go unusually for to get the car the price goes up accordingly. Like if we have to fly out of state to get a car the dealership pays for the plane ticket plus a few hundred.
No, they cannot.
The DEALERSHIP won't repossess the car, but the lender might if you don't make the monthly payments as scheduled.
You can take possession of it for an unpaid mechanic's lien, yes.
If the dealership holds the title (Buy Here, Pay Here) then yes. If the bank you financed it with already has the title and you have your tags, then no. The dealership can, however, place a judgment on you for the amount of the down payment.
want to know if my car is on a repo list
As long as you are in default of something you agreed to in the contract, YES.
Nope. The dealer is completely unaware of your financial situation.
You can try, but the moment the dealership finds out (which only takes an instant), they'll reject the trade.
i know a vehicle that is wanted for repo and i know where it is located but will i get payed for telling them and around how and who do i call ? thanks i really appreciate it
A "car dealership" CAN NOT legally repossess a car for any reason unless the are operating as a financial institution (bank/ Lien holder). And they had better be license as a bank if they are. (New York).
Gina, if the repoman picks it up. its a REPO. Ya cant hide the car in a repair shop.
How did you get away from the dealership without it (ins. coverage)? If ya take it back, its a repo. Call the lender and ask them. Good Luck
wanting to start a repo service in Illinois and need to know what all is needed?
IF you are the REGISTERED OWNWER, NO. You cant steal your own car. They can REPO it.
YES, unless the LENDER decides not to report a repo to the CA.
You need to go to work for a repo company to learn all this.
You need to know who the leinholder/lender is OR which repo company is looking for it. The VIN is used to trace the leinholder. IF you need more help, email me.
Operation Repo - 2007 I Don't Know What That Is 5-8 was released on: USA: 21 December 2009
A dealership can never repo a car, the bank is the party which would because you owe the BANK (aka chase auto finance) because u financed through them.
The bank/finance company. The dealer has already been paid for the vehicle
The dealership doesn't do anything. Its the bank you fiance the car through that takes action. Missing one is not anything serious but if you miss three or more in a row they will start calling you non stop and soon enough they will get somebody to repo it from your possession
YES IF you signed a payment agreementThey have to file a Mechanics lien if they do not have a signed agreement.