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In Tennessee is it better to get the car back or let the dealership have it?
Wiki User
∙ 14y ago
The dealership is not involved unless the vehicle is leased. If the dealership has repossessed a leased vehicle, it is gone; you will not get it back. If the vehicle was being purchased by loan and the lender has repossessed it, you may get it back, but you have to balance what you would owe against what you do owe.
To recover a repossessed vehicle, you may have to pay the following fees:
* Past due balance * Any late fees associated with the delinquency
* Repossession fees * Storage fees * Legal fees * Court costs * Recovery fees (the cost associated with processing the paperwork to return the vehicle to you). However, if you do not retake possession of the vehicle, you will still be responsible for most of these additional costs, and you will have nothing to show for it.
Wiki User
∙ 14y ago
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Can the dealership take your car?
If you mean can the dealership take your car, if you don't make your payments. Yes. Usually the finance company will take your car, because the dealership has already passed your account to the finance company. If you have made a deal for a car that the dealership later discovers you don't meet the financial criteria, they will take your car back and offer you a lesser model for deal that suits your budget better.
Can dealership back out of signed contract once approved financing and drove the car off lot?
after approved financing and signed contract, have had car 8 days, can a dealership take car back?
Can you sell back the car to the dealership when your car is wroth more then what you owe?
yes because you don't have to pay for the car. But if the dealership does not want to buy it you can't sell it to them
Car that you financed in your name and your boyfriend is not paying how can you get the car back?
Go to the dealership and get owner paperwork and have it towed. Most tow places will allow you to get it towed when you don't have the keys. If you have the keys then that's even better. If you go to the police you may have to report it stolen. So use that as a last resort. If your car has been repossessed by the bank or dealership, you will not get it back.
Dealership can not finance car do we have to give it back?
find out another dealer who can finance your car.
Is it better to finance your car at the dealership or elsewhere?
If you want to get the best price on a new or used car, it
How long do you have to take a used car back to the dealership?
anybody care ? nO !
When I sell the truck back to the car dealership where do I sign on the title?
as seller
What happens if you give the car back to the dealership?
you get a bad record on your credit
Can a dealer take a car back?
Im having car problems I just have days that I took it out from the dealership can I take it back and take another car out?
Can a dealership take back a car due to miss payment?
If you are purchasing an automobile can the dealership file a warrant for your arrest if you miss a payment?
Can a dealership repo a car for not paying all downpayment?
A "car dealership" CAN NOT legally repossess a car for any reason unless the are operating as a financial institution (bank/ Lien holder). And they had better be license as a bank if they are. (New York).
