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How many months without making a payment will the vehicle be taken?
Wiki User
∙ 16y ago
The finance company has the right to repo a vehicle the day after the payment is due if it is stated in your contract. they usually wait till you are 30-60 days past due.
Wiki User
∙ 16y ago
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What is the total cost that Dave will pay for his vehicle if his payments are 332.25 a month for 48 months?
The total cost of the vehicle is $15948.00Multiply the number of months by the payment per each month.$332.25/month x 48 months = $15948.00
Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?
Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.
What is the average time limit of non-payment of a vehicle before it gets repossessed?
Depends on the company. Average 2-6 months.
How many years of not making a payment can a credit card company still collect from you?
as long as they want to, Generally they will sell the account to a collegetion agency after 6 months of non-payment
If you are two months behind on a payment can your car be repossed?
First off it is not your car. The car belongs to the lender until you pay for it. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
If you stop making payment on your BMW lease are you responsible to pay for the rest of the months payments?
You're responsible for the payments based upon the contract terms regardless of whether you pay them or not. If you don't pay them, you're probably subject to additional fines, penalties, and seizure of the vehicle.
Can you tag a vehicle without a title?
I recently bought a vehicle about 6 months ago and the dealership didn't have the title! So I'm just wondering if I could register and tag it without a title!
How much would you pay for a muscle car monthly?
Depends on sticker price of the vehicle, the interest rate on your loan, and how many months the payment period for your loan is.
I am selling a car i haven't recived a payment in 3 months no contract there was a verbal agreement on payment dates what can i do?
If you finalized the transfer prior to receiving payment, you're boned (and really bloody stupid). You will need to go to court. If you haven't finalized the transfer, tell the purchaser you need payment or you will report the vehicle stolen.
What if you have filed bankruptcy without a reaffirmation letter on the vehicle and you stop making car payments for two months. The leinholder sends no repo letter and does not come to get the auto.?
Yhe lender cant do everything at once,they will get around to you and your car.
How late can a vehicle payment be in Virginia before repossession?
I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.
How long before a vehicle can be repossessed?
This will usually be stated in the contract you sign when financing the vehicle. Some places, especially the "Bad Credit/No Credit" lots will attempt to repossess in as little as one day after payment is due. I don't see any financier letting it go for longer than 4 months with no payment be for they file for repossession.
