yes the car lot has all the rights because until the car is paid in full it is still titles to the car lot the impound lot will have to turn the car over to the repo man or repo man can file charges
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.
I am a repo-Woman. If you purchased your car from a car lot, the car lot keeps a copy to the keys in case they need to reposess the car in the future when you dont pay. The repo-person can also get a key to the car from a dealer, such as GMC, etc. Or they can have a blank key, that accesses any car. If they dont have a key, they can tow it without a key. Pay for your car and you dont have to worry about it, :O)
can a used car lot file charges aginst you
It's resold to someone else.
general rule NO, but check with your state to be sure
You much go to the inpound lot and pay a fee to get the car back and if it is in there again for the same reason you will not get it back ever.
Take that up with the police.
It's a car lot.
Mainly financial. A car will lose a lot of value basically as soon as it leaves the dealer's lot.
Yes. He's not going to drive your car. He's going to hook a wrecker (tow truck) to it and tow it to a holding lot.
Before you drive it off the dealer's lot.
Does the repair shop have a lien on your car for you not paying them for repairs to the car?If they do have a lien then yes they can seize the vehicle until you satisfy the lien. As Tank said, they need to have a lien on the title. You have to have signed an agreement with the shop stating that they can lien your title and repo your car if you don't pay. Most repair shops won't let you pick the car up until you pay up. So, you must have signed something saying they could pick it up if you didn't pay. Also, repo companies may not necessarily be required to be bonded. It depends on the state. In CA I believe they do. Only a bond for the business and as required by the LENDER.
The address to Turner Volvo is 2535 Arden Way, Sacramento, California. This car lot is one among many, however. A Google search will display as many as ten car lots.
IT DEPENDS IF IT IS BUY HERE PAY HERE OR A BANK REPO BANK REPOS YOU HAVE 15 DAYS TO PAY THE CAR OFF IN FULL AND 30-60 DAYS TO RETRIVE YOU BELONGINGS OUT OF THE CAR. BUY HERE PAY HERE LOT WILL GIVE YOU YOUR CAR BACK AS LONG AS YOU PAY THE REPO CHARGE AND YOUR BACK PAYMENTS
As soon as you default on your loan terms, the authorization to repossess can go to a repo man. This is why it's important to remain in contact with your bank/car lot. If you are having financial trouble, call them to tell them what's going on; they can usually set something up to help you. Usually an order to repossess won't go out until you are three months behind--but this is with banks. Small car lots (buy-here-pay-here lots) can and will send out the repo order much sooner. If you are required to have auto insurance and drop it, the repo order usually goes out the next day.
Yes in fact a repo truck can tow a car from a garage as long as the door can open. At that point in time the car's original legal owner has forfeited their right as the legal owner by lack of contract compliance. Plain and simple, they no longer own the car.
When they find the car, they tow it away. If it's in your driveway, they don't even knock on your door. If the car is in a parking lot or public place, they just tow it away and it will be gone when you come to drive home.
It all varies by your state laws. but normally the lender will search for repo and towing companies in the area where they think you are and they search for you and come and tow your car to a tow company or repo company lot, then they contact your lender, so you need to contact your lender to arrange payment or to get your stuff out of your car. Hope This helps Adam OUT
YES they can come in the parking lot. YES, if they are smart repomen, they will check the adjacent blocks. Their job is to FIND the car and recover it. If it is not at the POE, they should run the given address. If not there, they run the references add.
Yep. That's the buy here/pay here way of doing business. Make loans to people who can't qualify for a bank loan and when you show them that the bank was right, the car goes back on the lot.
they take it to a lot that has no name on it so people don't try to come and get it with out paying first. they will give you directions after you pay. the repo company mine got taken to after 2 1/2 days of the repo man using it for himself was on rt33 in manalapan new jerssy. good luck
Fees vary from lot to lot and repossession company to repossession company. I have seen daily rates as low as $10.00 and as high as $150.00. Your best bet is to get the matter resolved as soon as possible and redeem your vehicle.
No they are just trying to get extra money off you , that's why a repo company tries to wait till the last second to send a car to the auction. so if there is some chance of you redeeming your car they want you to do it there so they can get storage fee's off you. I cover this topic and more at www.stoptheRepoman.com