cash, then you dont have to pay anyone back
You bet. You will be able to get a better price. You will not have to pay interest on a car loan. You are a smart shopper if you pay cash for a car. Only suckers borrow money to buy a car.
If it was straight cash no. If you have signed and notarized doucuments than yes you can legally repo the car.
Of course, using cash is the best way as you don't have to pay any interest. If you cannot afford to buy a big car, then it is better to buy a small car, but try to avoid taking a loan for the car.
As soon as you get the cash to pay for it
You can buy a better car with the cash
Yes, if you have the money you can buy it. If you are searching for a car loan, you may have some difficulty in that. Paying cash, no problem.
The technical answer to your question is that yes, you can own a car. But you would have to buy it with cash, because the real question is whether any loan company would loan you money to buy a car after a repo. The answer is most likely not.
Usually buying a car outright is a better deal if you can pay upfront without a loan. If you do need a loan, then depending on the deal you get for the loan vs. the lease it can be a better deal to lease, but not usually.
The bank gave Mr Moore a loan, so that he could buy the new car for $27,000, because he did not have that much cash.
Well I did, so yes you can. Think about it - it's cash, you can buy anything with enough of it. If you needed a loan - forget it.
There is no time limit to purchase a car after closing on a house. As long as the lender for the car agrees to a loan or a person pays in cash, a person can buy a car whenever they choose.
CASH