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Contact local financial institutions and credit unions in your area for information and fair market prices on repossession they have available to them for outright purchase or financing. Also review/research internet and newspaper ads under car sales from local used car dealers in your area. As always check the better business bureau for the used car dealers reputation and licensing.
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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.
Can you make a profit on a repossessed car?
Yes you can make profit on the car if you buy it from the bank.
What can you do if a 'buy here pay here' reports your car as repossessed but you still have it?
Offer to buy it.
Can you buy another car even though is repossessed?
If you have had a car repossessed, you have not kept up with the payments. You probably still owe money on the repossessed car. In these circumstances, the fact is that you can not afford to purchase another car and would not be able to obtain the finance to do so.
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.
Can your car be repossessed if you buy it with a capitol one blank check auto finance?
NO
What do You do after your car has been repossessed?
Buy a bus pass. Or get ahold of your lender and see what they want to get the car back.
Can you buy another car though your first car got repossessed?
Yes, if you have the money you can buy it. If you are searching for a car loan, you may have some difficulty in that. Paying cash, no problem.
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
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.
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.
Can your car be repossessed if you lose your job?
No, but your car can be repossessed if you don't make the payments.
