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How many months pass due can a car be a repo?


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Answered 2006-08-07 14:12:53

Depends on the lender, the agreement you signed, and the state you live in.


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Depends on the lending institution but the S.O.P. (Standard Operating Procedure) for most is 3 months.

i think its about 3 0r 4 months then they will call and ask you where can they pick up the car

YES, as long as the car is collateral for a loan, they can repo it.

Depending on the lender, but usually they wont Repo a car unless you are 3 months delinquent.

Many. Collection costs, storage, repo fees, etc.

Will i be able to purchase another car later on if my car is repo

can my car be repo 38 day's in default?

Q:Can you get an apartmet with a car repo? A: All apartments come without a car repo option. Sometimes you can negotiate utilities, however

No...if you are completely current...and have nothing owing from previous months..again no.

If you haven't been making your payments for a few months, you can pretty much bet your car is one the list.

Yes, afterall, the repo-car is still the legal property of the person who has sent the repo-guy to retrieve it.

Yes, you can self repo your car if you can no longer afford your car and is financially unable to pay the payments for your car.

Technically they can repo your car after 30 days. Depending on the finance company

In many states it only has to be 30 days late. 7 mos. is more than time req'd in any.

The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.

Maybe, by Fedral law your car can get repossessed if you are ONE DAY past due on your car payment. I know many repo agents and they have a saying "Support your local repo man-- miss two payments" I wouldn't hold off much longer to pay them. You should call them and try to get a deferment or two.

If you aren't paying for that car's payments then yes. The only reason why your car should be repoed it because the payments aren't being made on it. It doesnt matter if your car is from the 1940's or if you brought the car last month, the car can be repoed if you dont pay the payment for 2 or more months (consult dealership for it's repo rules).

Some places have the ability to take your car away if you don't pay car lot fees if you are trying to sell your car on their lot. If you didn't sign a contract through them, then they can't repo your car. They will most likely tow your car off the lot and you have to pay expenses on it. If you signed a contract where you must leave your vehicle on the lot for certain amount of days or months then yes they might be able to repo your vehicle if it states in the contract they can. If you are not on a contract of any kind then no they can not repo your car. They will instead tow your car off the lot.

Probably not. He'd probably ask you to get out of the car.

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