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If a car is repossess by a dealer for nonpayment can the dealer resell it?
Wiki User
∙ 14y ago
It will probably depend on your state laws but in NC and SC and most others the answer is YES they can resell it. Some states just require a letter to the customer as a Notice of Resell...and in some cases, they can keep all personal belongings at the time of the repo.
Wiki User
∙ 14y ago
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I failed to pay the pick up payment can the dealer repo my car even if its financed through a bank?
Your car can definitely be repossessed because of nonpayment. The bank can actually send a company to repossess your car.
Can you buy a car from a dealer and resell to another dealer?
yes you can. a vehicle can go to any car dealer. no restrictions
Can a used car dealer repossess a car that is not in delequent of payment?
No, and why would they? If the payments are up to date and have been made on time, there would be no reason for the dealer to repossess the vehicle.
Can an original buyer repossess a car after a verbal agreement which is in the first month of default for nonpayment?
IF your name is on the TITLE as buyer or cobuyer, you have the right to POSSESSION. Do you know where the car is? Do you have a key?
Would your car dealer have you locked up for not making payments?
No, they'd repossess your car.
Can a used car dealer repossess a car that is not in delinquent of payment but had late payment history?
Yes
How long after they repossess your car do they have to wait before they resell it?
No one can answer this question. It depends on many factors. Here is a thought. Call the lender and ask them.
Can a used car dealer repossess a car if they have an unsigned title to that car and that car did not leave the property?
no it can't because the used car is used
Is it legal for a car dealer to repossess a vehicle after 27 days late on payment?
Depends on your jurisdiction. If you're late on a payment for just 1 month, it's legal for the car dealer to repossess your vehicle, but 27 days seems a bit uncalled for.
Can a title loan company repo a car that wasnot on the title loan agrement for nonpayment?
They can only repossess the vehicle which was on the loan agreement. Taking any other vehicle is theft.
Can a carlot repossess your vehicle and then resell it in a week in the state of Oklahoma?
If you ever see USED CAR!...It was probably some guy's present to his wife then was unable to pay the bill.
What is a sentence for resell?
I resell my car
