answersLogoWhite

0


Best Answer

NO. Lenders PAY folks to think like that and create ways to stop it from happening. LOL Good try but no candy.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you owe 17k on a car but it is only worth 6k can you buy another car from a dealer and a different finance Co then voluntarily repo the old car?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Dealership can not finance car do we have to give it back?

find out another dealer who can finance your car.


Do you call the finance company or just take the car to the dealer if you want to do a voluntary repossession and do you need to inform the finance company you're taking it back or will the dealer?

call the finance company and tell them that you want to do a voluntary repossession and they will take it from there.


Can a car dealer keep your deposit if I am not approved for finance?

yep, do it!


How long does a dealership have in Maryland to finance you?

As long as it takes. You also can walk away and go to another dealer if you are not satisfied with their service. You can also arrange you own financing.


Can you tell you what the car finance interest rate is for a particular car?

It can range from high to low. Depends on your dealer and bank. Check with consulting at the bank or car dealer. Each car is different so interest rates can vary.


What happens if car dealer lies to finance company?

who the hell noes that?


What is finance at a car dealer ship?

Finance means you take out a loan to pay for the vehicle, then you make regular payments to repay the loan.


Can you trade in a car to finance another car with an out of state title?

I believe you would have to talk to a car dealer about that. Many times people trade cars into NJ that have been in NY but I am not sure what the individual states require. Just call a dealer and ask.


Is the owner responsible for any paperwork when voluntarily returning a repossessed vehicle to a dealer?

What state are you in??? Laws VARY by state.


Do you have to provide a drivers license to finance a car at a auto dealer ship?

Yes


How much does a finance manager at a car dealer make?

Most finance managers at a car dealers will make around $35,000 per year. The exact amount will depend upon the experience the person has and the car dealer they are working for.


How used car dealer finance their car?

They making some buy and sell stuffs.