It is done in time not money i.e. days late.Generally 30-45 days late triggers a repo but they can repo after one day late.
Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.
How many days csn you be late befor repo
no they can't
The lender CAN repo when you are 1 (one) day late.
Yes, they can repo it for being 7 minutes late. Most generally will not unless its a first payment defaut or they have reason to believe you are going to screw them.
if you are late 15 days on your payment they can take your car away.
We live in the state of Ga, and had been late many times up to but no more than 15 days late on our vehicle. Repo man showed up this last time as we were only 12 days late? Our lain papers say as long as we werent 15 days or more late??? whats the deal?
Usually there is a grace period for late payments; however it is not a requirement.
Yes, they can repo your vehicle if it is even one day late. Check your contract, though. It might tell you how long exactly you have. If it gives you a time period of, say, two months and they repo it after one month, then you may be able to get your car back because they breached the contract. However, if there is no guaranteed grace period, that probably means they can repo it anytime you default on your loan.
YES, anytime you are in DEFAULT, the lender can repo. Tote-a -note lots are famous for 3 days late repos.