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Start by reading your contract. Are you in default of that contract in any way? the LENDER has the right to demand you keep the collateral in marketable condition. Likely you agreed to do so somewhere in the contract. Most lenders get very nervous when you wreck a 15000.00 car and want to drive it around beat up to save money on ins. That's why they require you to maintain collision ins. on to start with. You have to protect THEIR investment too.

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Q: If you have had a small accident and do not want insurance to pay for the damage and are saving to pay for it can the dealership repo the car?
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