The repossession stays on your credit report for 7 years.
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
7 years is the norm.
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
NOTICE OF DROPPING PARTY DEFENDANT
Type your answer here... in the USA, 7 to 10 years
Only on your CREDIT REPORT. DMV doesnt care how you got it or got rid off it, as long as ya dont steal it or sell before ya pay for it.
Normally a repossession stays on your credit rating for 7 years. If you are repaying the loan, talk to the bank and see if they have reported it. They may or may not have.
Like other credit items in your history (other than bankruptcy) it will remain on your credit report for 7 years. You may be able to have it removed sooner if it is not documented properly.