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Start by reading your contract. Then CALL the lender who sold it to get the balance due.

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โˆ™ 2015-07-15 19:38:22
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What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

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Q: If a car is repossessed and resold for more than was originally paid for it do you still have to pay it off and where can you find out what is owed?
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Related questions

Where can you find out if the car that was repossessed has been resold and how much was it sold for?

The LENDER keeps such records and will share them with you ultimately.


Can you buy a car that is repo from a friend?

Provided the lender still holds the lien on the vehicle, it will still be repossessed and you will find you have a problem with a former friend.


How can a person find and buy repossessed cars?

Repossessed cars are usually auctioned off in the county they were repoed in, you can also try this link to help find repossessed cars, http://ultracarfinder.com/


Where can one find information on repossessed car auctions?

You can find information on repossessed car auctions on websites such as Absa (under repossessed cars), AutoBidMaster and RepoDirect. Depending on where you live there can also be local sources of information.


How do find repossessed auction in your area?

The Classifieds, or google.


How do you find out what price your repossessed car was sold for?

ASK the lender.


What is the catch in buying repossessed cars?

The biggest turn-off when buying Repossessed Car:As you already know, Repossessed Car Auction is a great way to buy your new car or other types of vehicle (boat repo auction, RV repo auction, ...); however, it seems almost too good to be true, because the price is very low. The catch lies in the fact that Repossessed Cars were taken from their previous owners by the government, so they are basically used cars. Therefore, you must take all the steps necessary to find out about the history or the damages of the repossessed car yourself.Why you should still go for Repossessed Car:The easiest answer is: because it is very cheap. Normally, you can find one at as low as $200. Furthermore, even though repossessed cars have been used, they were taken away because their owners couldn't pay the bills, not because they were damaged or got into accidents. Thus, most of the times you will find very good repossessed cars that are perfectly normal and usable. Still, remember to check its history and VIN number! Also, remember to visit websites like www.vehicleshq.com to prepare your knowledge before going to a real repossessed car auction.


Where can repossessed cars be bought?

Repossessed cars may be purchased from many car dealerships some specialize in repossessed vehicles and others may have the occasional defaulted payment. Another great place to find repossessed cars is with a financial institution, there are many people struggling, taking credit, the car is often the first thing repossessed when the loan is called in.


How do you find out where your repossessed car is so you can get your belongings out?

CALL the LENDER who had it repoed. they know where it is.


How can you find out if my car is scheduled to be repossessed?

I could call the loan holder, or I could have you do it.


Where can one find a list of repossessed cars for sale?

A person can find a list of repossessed cars that are for sale in several different places. Some of these places include GOV-Auctions, Auto Bidmaster, and Pickles Auctions.


How do you find out where your repossessed car is to reclaim your personal property in Indiana?

Call your finance company.

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