0
If your car is repossessed and you want to get it back, you can contact the finance company and clear any outstanding payments. They may agree to return your vehicle to you if they have not already sold it but be warned that lenders try and sell repossessed vehicles as quickly as possible to try and recoup funds.
The finance companies often sell the repossessed vehicles at a car auction. Here they can be sold "as seen" and at a lower price than market value, thus they can be sold quickly. It is often possible to find out which auction your car is being sold at and you can get your repossessed vehicle back yourself by attending the car auction and bidding.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can a vehicle be repossed without notice?
They usually are.
How can you find out where your repossed vehicle is being auctioned at Too try an buy it back?
Bank or loan company who repossessed it.
What is the process of having the ownership of a vehicle that was repossed back into the lien holders name?
There is no transfer of ownership - the lie holder was always the one who had ownership of the vehicle.
Can a police come into your house for a vehicle that needs to be repossed?
No.
Do I have to open the garage to give up a vehicle trying to be repossed?
no you dont
Your vehicle gets repossed you owe 11000 they your vehicle gets repossed in Ohio you owe 11000 and they sell it for 6000 do you have to pay the 5000 dollar difference sell it for 6000 do you have to p?
you usually do. it happened to my brother.
If im in military can your veh be repossed?
Being in the military is not bar to repossession of a vehicle
How do get your repossed car back in Arizona?
Pay what you owe.
Can a bank sell a repossed vehicle for any amount they want?
Amount owed on vehicle- unless vehicle is damaged then they can auction to the highest bidder
Must you carry insurance on a vehicle after it was repossed?
If the car is repossessed then that means the bank owns it. So if they own it and they have it, then no you do not need to pay for insurance on it unless you plan on getting it back.
How long does a repossed vehicle stay on your credit report?
7 years after the account is settled.
Can you get your car back after it has been repossed?
yes you would have to pay all the back payments and probably a fee.
