Auto Loans and Financing

How long do you need to wait to buy a car after repossession?


Top Answer
User Avatar
Wiki User
2015-07-15 19:32:08
2015-07-15 19:32:08

Nancy, you can buy one as soon as you find someone to finance you. You will probably pay a higher interest rate and need a bigger down payment,but the choice is yours. Good Luck


Related Questions

User Avatar

Depends on where you are, and how long you wait to get it.

User Avatar

They buy loans that are on their way to bankruptcy, repossession, or in a long state of defaulted payments. They are almost impossible to reach.

User Avatar

wutlol. your question makes no sense. english please

User Avatar

There is not a time limit on how long you have to wait to buy a home after a short sell. It all will depend on how long it takes to clear.

User Avatar

In the United States, you will need to wait three years after a short sale in order to buy another house. This is per the Federal Housing Administration.

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.