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How to you buy repo car from bank?

Updated: 8/16/2019
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9y ago

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Many banks will have a list of repossessed vehicles at their branch offices. They may also have a list of these vehicles on their website. Some banks auction off cars that are repossessed and they wind up at used car lots.

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9y ago
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Q: How to you buy repo car from bank?
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Related questions

How do you find out who repossessed your car?

The bank/lending company are the ones who repo your car the repo chimps are just their agents.Your bank should tell you.


After repossession does a car dealer have to wait before they can sell your car.?

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


Why a bank will repo a car?

Non-payment of loan.


How can you find out if a car is in repo?

Call the bank and ask.


Can the bank put a lien on your house after a car repo?

Yes. They repo and sell it for next to nothing. They sue in court and get a jugement that they use to put a lien on your house. Next time buy a cheap car just to get you there and back.


Can your car be repo if you have no insurance?

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.


Can a repo person come into your closed garage and get the car?

NO. Have him arrested if he did that. _____ Sue the lender/bank do not waste your time with the Repo guys; they are agents of the bank so the bank is responsible for their conduct.


Who is responsible for the car if it is destroyed in a natural disaster after it is repo?

The Bank that took ownership.


Can you buy a car if you already have a repo on your credit?

Pay with cash.


Is it illegal for a repo man not to give his name if asked by the person whose car is being repossessed?

The repo-man doesn't have to give his name. He can only tell you which bank sent him & where you can pick up your car when bank okay's it


Can the bank repo a car with a clear title?

No, if you own the car outright and there is no lien against it, no one can repo the car under normal circumstances. The only reason I could think of would be if you owed the bank money and they sued you, and the court made you put the car up as collateral.


How long can a buy here pay here dealer hold your car after repo?

A car dealer can hold a repo as long as he is the lien holder on the title.