Car Buying
Auto Loans and Financing
Repossession

Is it better to finance your car at the dealership or elsewhere?

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2005-10-20 16:02:49
2005-10-20 16:02:49

If you want to get the best price on a new or used car, it

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find out another dealer who can finance your car.

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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.

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If you financed your car then it is always owned by the finance company, regardless of if the dealership is in business or not, until you finish paying it off.

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Depends on the car dealership in itself and where the lady signed the contract from

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Most toyota dealerships off the best car finance deals through their own finanace company. In Dallas Champion Toyota is noted as probably the best dealership to get a car financed through.

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You can finance new or used cars. You can lease a car or take out a loan, though a loan is better in the long run. Your dealership usually has a person who assists in getting you a loan.

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You can get a car finance calculator from any car dealership. Also, any loan amortization calculator will be able to do the same job for you. You can get a loan amortization calculator from your bank.

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Rockland Nissan is the best car dealership on Blauvelt NY because everyone was helpful from the manager to the sales person to the finance guy..

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Depending on the type of finance one requires, there are many options when it comes to obtaining car finance, whether for a used car from Graham Hilton Cars or a new Golf from the Wayside, St Albans VW Dealership

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They pretty much let you buy the car on credit through them.

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Nooo. In the car business "cash is king". When you finance a car the dealer loses profit to loan fees. Or if you are talking about financing through the dealership itself, buy here pay here, then it's still no. They would rather see all of the money up front.

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Just becasue the car dealership went out of business does not mean you now own that car. It is more than likely that the finance that was used for your car was provided by another party..... Sadly, you will have to continue making payments

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Financing through a dealership can be acquired even if you have a low credit score. See an individual dealership for details. They can discuss options for your individual situation.

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Nope. The dealer is completely unaware of your financial situation.

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If the dealer ship financed the vehicle, or represents the financing party, such Ford Finance, or GMAC, then yes they can.

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there could be several reasons some of them being, sometimes car finance companys request stipulations for the loan such as proof of income, proof of address, proof of employment,

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Unless the dealership is the one actually financing your car, you don't. You would turn it in to the finance company. You just call them and tell them you wish to voluntarily surrender the vehicle. They'll give you instructions on how to proceed.

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Motorline Direct Ltd. is a car dealership located in the UK. The dealership sells used cars and even offers their customers competitive finance deals.

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If the finance company has been paid in full, then why would the dealership (or the finance company) want to repossess your car? If the loan hasn't been repaid and is long overdue, then the dealer and finance company will probably decide who actually repossesses the car. Either way, it's up to them, not you. Best thing to do is check the fine print in your loan agreement (which you signed when you bought the car) and see what it says about overdue payments, repossession, etc. If you've lost it, call your dealer and ask for a copy.

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You can purchase a car in Georgia and take it back to Florida when you purchase from a major car dealership. Smaller car dealerships that finance will likely not allow you to take the car out of state.

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The only time the purchaser can cancel auto financing is in the begining of the loan during the "interview" with the finance company. That is one of the reasons the dealership will not tell you who the finance company is before they get "funded" by the bank. If you knew who the finance company was before the dealership gets funded then you can cancel the financing. The other issue you have is the contract signed with the dealership. They can still say they will be the bank and stick you with the car and the financing.

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If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant.

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It depends on:Is the car financed? If it is the finance company will not allow the insurance to be cancelledIs the car likely to be driven or moved by the dealership? if so they must be notified before the insurance is cancelled.Other than that yes it can be cancelled.Warning!Vehicles that are left on the dealership property can be sold as abandoned in as little as 90 days. Is your car still there?


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