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If you are late on a auto loan can you still trade that vehicle in?
Wiki User
∙ 16y ago
Late payments will be deducted from trade-in value
Wiki User
∙ 16y ago
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What vehicle enabled England to leap to the forefront of world trade in the late 1700s?
it was the horse
If your vehicle was repossesed do you still have to pay?
If you want the vehicle back you will have to pay the repo fees on top of the late charges and your normal monthly payment to where it is caught up. If you dont want the vehicle you will have to pay the balance of what the vehicle was sold for.
If you are in repossession status and are making efforts to pay on your late payments can they still repossess your vehicle?
Once the loan is in default the bank has the right to refuse payment and repossess the vehicle.
Can an Auto Ins Company Charge a late fee without your knowledge and only find out when you are 4 days late on a payment?
i am late on payment for auto insurance what can i do.
Can the dealership charge you with auto theft if you are in default on your payments?
Not if you are on the title to the vehicle and own it. Whoever holds the loan on the vehicle can repossess the car however if you are late with payments. Contact the lender and work something out. You do not want your car repossess. Credit will be ruined for 7 years, and you will still have to pay the repo fees plus the difference in the balance on the note and what the car brings when they sell it.
The subprime lender wrote off late fees after loan was paid the vehicle in still in our possession are we still able get the lien removed?
You will need to get a written lien release from the lender.
Can you stop paying on a auto loan because your vehicle has mechanical problems?
The answer to that is no. They can still take the car if you don't make the payments or keep it insured. The best bet is to call the lender andlet them know you're going to be late on your payments. Lenders would rather use repossession as a last resort.
How long has Beach Auto Brokers in Virginia been in business?
Beach Auto Brokers in Norfolk, Virginia claim to have been in business since 1985. They currently advertise over 100 pre-owned, late model vehicles with a clean CarFax vehicle history.
If you are paying half of your car payment can they still repossess it?
My best suggestion is to contact your auto lender, and ask them the procedure for repossesions. Keep in mind that the bank can reposses your vehicle if you are 60 days late on your payments even if you attempt to only make half of your payments. Call them as soon as possible and work out a payment plan with them.
A reason to be late for work that starts with an a?
auto accident
Can a vehicle be reposessed for late fees on the loan?
It depends on how many times you've been late on vehicle payments. Most of the time though as long as you are making a payment of some kind on the loan your vehicle will not be repossessed.
Can your vehicle be repossessed for late payments?
Obvious answer, Yes.
