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Auto Loans and Financing
Repossession
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If you do not pay the down payment to the dealership within the agreed upon 30 days can they repossess your car?


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Wiki User
2015-07-15 19:31:39
2015-07-15 19:31:39

Mike, READ the contract you signed agreeing to do certain things in exchange for a car. What does it say about if you are in DEFAULT? If you dont perform any one of the conditions of your loan, they you are in default and can be repoed.

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This would be determined by the terms of the loan agreement and the applicable local laws. Within the loan agreement there should be reference to the action that can be taken to repossess the car should non-payment arise.

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Why is it important to provide information in the required format and within agreed timescales? Why is it important to provide information in the required format and within agreed timescales?

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There are many cities in Australia that have a Volvo dealership. Sydney, Australia is one of the many cities in Australia that have a Volvo dealership within the city limits.

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A car dealership does not have a certain length of time to tell you. It is better business practice to do so when they tell you they will, within a reasonable period of time.


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