The title is in your name, so you hold all the rights.
Only if you stopped making payments and are behind on your on your payments.
As long as the title and loan are in your name the car is yours. Any payments missed will effect your credit. Take the vehicle back, now.
If you're making payments you signed a contract. When you return your car you've broken your contract. Yes there is consequences when you break a contract.
READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.
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The best indicator is that you still owe on the car, and you have stopped making payments.
I understand from a friend in Nova Scotia that they stopped making it ... :(
depends on contract, if your up to date on payments they usually wont. if you pay in full at time of purchase it wont be a problem
They can only LEGALLY repo your car IF you are in DEFAULT of the contract. That could be no payments, no insurance, using the car for an illegal purpose, ect. Is there any requirements in your contract that you may have not met? If you are NOT in default of the contract, call an attorney NOW. Good Luck
Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.
Cosigning for ANYONE is one big mistake. If the person you cosign for is not making the payments then the person that cosigned is responsible for all payments. I have no idea why anyone would want to do this. Unless there were stipulations in the contract you signed with the buyer, then no, they can't just up and sell the car. Take another look at your contract. Marcy
You might talk to a lawyer and settle it in small claims court.