I could be wrong here, but my feeling is that it is GONE. Why, it was part of the total deal just as if you had payed that much CASH down. It will be used up in the balance owed. You cant sign a contract, drive for a while and then say "I changed my mind, lets put everything back like it was." The deal is a deal is a deal. Good Luck
Technically (and leagally) yes.
No, you no longer have anything to trade (the car is now the property of the repo company not you).
If you cannot produce a "clean title", you cannot sell or trade the vehicle.
thats what happens 99% ofthe time.
Can you trade a vehicle if your only source of income is unemployment?
Yes it does, I just traded my vehicle for another vehicle even trade and didn't have to pay taxes on it in Florida.
The term 'Tool of Trade' in regards to commercial vehicle insurance means the vehicle is needed to ply the trade (transportation of equipment, etc.)
If the repo-man is looking for your vehicle, you do not own the vehicle yet. If you take the vehicle in for trade-in, they will have to contact the person who owns the vehicle to get permission to trade it (meaning whoever loaned you the money). Whoever they call is bound to mention that they are in the process of repossessing your vehicle. In alot of cases you need ownership of the vehicle and only a title can prove that to trade in a car.
In most states, you can trade in the vehicle without it being registered. However, you do need a TITLE to prove that you own the vehicle.
PS my car was not repossessed... i just want all my stuff back and when i say everything i mean everything!! from the floormats to my clothing
Texas trades with china
you get to be that person that you trade with