I'm a repo man, so, I'll tell you what I know.
The dealer keeps a spare set of keys, that pair of keys they send people in the mail after they're done paying for the car is the 'repo set'.
That is not always the case, there are actually several ways to repo a car, they can pop the linkage on the vehicle without keys and this basically puts the car in neutral or they can use tire dollies if the vehicle is all wheel drive or left in 4 wheel drive. If the repo agent wants the vehicle they will get the vehicle regardless... best just not to tote the note because they will find the car, believe me my husband has been in the industry for years. Also most reposession companies will cut their own keys with a code from the finance company, only mom and pop dealerships usually keep a spare set.
find the keys
How will you start the car without keys
When the person misses too many payments.
Might be hard with the tow truck attached
can my car be repossesed from my locked back yard
hot wire it
Did you lose your car keys or are you looking to hijack a car? ;)
The best indicator is that you still owe on the car, and you have stopped making payments.
You should be able to Google that under "car-jacking" or "how to steal a car"!
If you are late, depending on who you owe, you can get taken to a collection agency, charged fines and/or have your car repossesed. I actually know two people who couldn't do the payments, it may have been for a couple of months, and their cars were repossesed.
The car will not run without the keys in the car period.
For a car to be reposesed the car must have a lien of the license. This would occur if a loan is out on the vehical and contract is breached due to lack of payments. The other is if repairs are made to the car, usually the repairs exceeding the worth of the car, and payment is not made. The car must also be repossesed without objections of the current posseser. If the posseser objects then the vehical cannot legally be repossesed until the issue goes to trial. This is my understanding of the law in the state of Missouri and may be different from state to state.
they take the car and sell it at an auction then send you a bill for the difference between what they sold the car for and how much you still owed on it.
Not legally. But if he had the keys then yes.
with the button on the drivers door? How do you get in the car without keys though?
no they can't they can only put a judgment against you for what you owed left on it
Only if someone stole it from the owner. Otherwise the car is just repossesed by the finance company.
Husband dies, his car left at a friends house, friend would not give car up, car was voluntarily repossesed, can you still get car after a repo? What is needed?
car keys car keys car keys
Your credit is shot to hell, you have no car, and you probably have to pay the remaining balance of whatever you owe minus the value of the car they took back.
Yes. Repossessors have been dealing with these things for a long time, and they know how to deal with them.
break the window
jewelry can only be repossesed if it was used as collateral to back up a purchase or if it is being rented, leased, or financed by a banking institution. if it solely owned by you and already paid for in full, it will not be repossesed. In most cases, cars are most frequently repossesed, (because payments on the car loan or lease were not paid on time) and in some cases homes (mortgage payments late, missed, etc.) basically, make your payments, and make them on time regardless of the item.
As far as I know all states cars can be repossesed with the correct legal paperwork.
The car keys are right under the car with the flashing red light