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Thats depends on the agreement between the lender and the dealer.

No once the deal is financed the dealer is out of the picture except for repairs etc.The process goes like this: Vol surrender will intail you agreeing to a time and date for a recovery company to come get the vehicle. In-vol repo the vehicle is picked up when it is found by the recovery company (repo man).The vehicle will be towed to a lot and store and cleaned for auction. You may have a opportunity to re claim the vehicle at this time by bring the account current depending on the lender. At aution the vehicle will be sold at wholesale and the remaining balance if any will be sent to a third party collection agency and collection efforts will begin against you. In some cases the dealer may have to pay for your default but that is pretty rare.

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โˆ™ 2015-07-16 19:21:05
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Q: If you have a vehicle repossessed will it go back to the dealer or will the dealer be notified?
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Related Questions

Can another bank or dealer help to get your car back after the 2nd time?

No, and it is not likely any would if what you are saying is that your vehicle has been repossessed twice.


Should you keep insurance on a repossessed vehicle?

Only if you intend to get it back.


How to get back a repossessed vehicle if it was a lease?

Bring all the payments up to date.


Can a person who had a vehicle repossessed take the vehicle back and it not be criminal in Washington State?

Probably not. You'd have to ask an attorney.


What documents would you need after a repossession of a car in order to get it back?

To get your repossessed car back you may need proof of residency, insurance, and, other personal information to retrieve your repossessed vehicle back to you.


How can you buy out a leased car when the lease expired and car was repossessed?

When a vehicle gets repossessed it either goes back to the dealer who leased it, or, and more commonly, it is auctioned by the reclamation company. You would need to attend one of these auctions to be able to bid on one, and even then, a lot of times you have to be a licensed dealer to participate. Check on the local regulations and restrictions on the auto auctions in your area.


Can you get a vehicle back after it has been repossessed?

YES,, CALL the lender and find out HOW MUCH it will cost to do so.


Do you get your vehicle back from repossesion after filing chapter 7?

Actually you can get your vehicle back if you file bankruptcy within 10 days of your vehicle being repossessed. Your attorney can file an emergency injunction if needed.


Can a car dealer take your car back?

If the dealer holds the lien and is the one that loaned you the money to purchase the vehicle he can repossess the vehicle if you fail to make your payments on time. Otherwise the selling dealer has no claim on the vehicle whatsoever.


What are your rights to property in your vehicle once it is repossessed in NJ?

You rights are to GET IT BACK, PP is not subject to the security interest on the car.


How can you find out where your repossed vehicle is being auctioned at Too try an buy it back?

Bank or loan company who repossessed it.


Can you get your vehicle back after it has been repossessed?

Yes, you can. Alot of times they will work with you. They don't want your car, just your money!:)


What are your rights in Washington State after your vehicle has been repossessed?

Pay for the car and get it back, or pay the deficiency after it has been sold.


How do you get car back after repossessed in the state of Florida?

call the bank, they are the only ones that can release the vehicle to you, good luck :)


What happens when lease cannot be paid back?

The vehicle will be repossessed and the leasor will be held responsible for the unpaid balance of the lease.


Can they keep the stuff in the vehicle that was repossessed?

no,because it is your property and the car really wasnt,so you should get your stuff back.


Can dealer sell vehicle you already purchased?

Not unless you sold it back to them.


What is surrendering your vehicle mean?

Surrendering a vehicle, in a financial sense, means that it is being repossessed and it is being given back to the finance company. The company will usually send someone to collect the vehicle.


Your vehicle was recently repossessed you were told that you would have to pay a 25.00 administrative fee to get your personal belongs from the vehicle Do you have to pay an administrative this?

If you want your property back, yes.


How do you get a repossed vehicle back?

If your car is repossessed and you want to get it back, you can contact the finance company and clear any outstanding payments. They may agree to return your vehicle to you if they have not already sold it but be warned that lenders try and sell repossessed vehicles as quickly as possible to try and recoup funds. The finance companies often sell the repossessed vehicles at a car auction. Here they can be sold "as seen" and at a lower price than market value, thus they can be sold quickly. It is often possible to find out which auction your car is being sold at and you can get your repossessed vehicle back yourself by attending the car auction and bidding.


Can you cancel a vehicle sale contract and get your deposit back if the dealer did not get you to sign it?

Without a signature, there is no contract. If you want your money back the dealer is obligated to give it to you.


Can your car be repossessed if there are children's safety seats in the vehicle?

Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.


Can a motorcycle purchased on credit card be repossessed?

A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.


What does if mean if your vehicle could be repossessed?

It means the bank, or whoever loaned you the money for the car, will send people out to take it back.


Can a lien holder on a vehicle take property out of your vehicle?

Theoretically no. If the vehicle is repossessed you are supposed to be given the contents back. However, this does not apply to INSTALLED items, so if you've upgraded the stereo system, or installed premium equipment like a high-performance engine, those are considered to be part of the vehicle. Also, it's likely to be your word against the vendor about what was in the vehicle at the time it was repossessed.