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Is it illegal to scrap a financed car the dealership did not want?
Wiki User
∙ 12y ago
I'm not sure what the "dealership did not want" has to do with it but it is always illegal to sell anything that is financed. This is called "Selling of mortgaged property" and I believe is a felony
Wiki User
∙ 12y ago
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My payments is behind but I want to trade it in. what dealership would take it?
I dont see why not. The dealership gets their money from the company that financed the car. You arent paying tge dealership, you pay the financial institution. Problem is, if you're behind on payments, that will not help you to get another vehicle.
If a car is financed through a used car dealership do you have to have full coverage insurance?
If the dealer doesn't require it, probably not, but you have to decide if you want to take the chance of continuing to make payments on a car that you can't use after an accident.
What if you have good credit no drivers license and want to finance for someone with a drivers license and horrible credit?
You can't. Its called a "Straw Purchase" and its illegal. It depends on the dealership and how bad they want the sale. They will be in direct violation of their dealer agreement with the bank and the bank can make the dealership buy the contract back if they find out what happened.
Who mush do scrap steel cost per kg?
We want to sell scrap metal what is the cost for scrap metal per kg/
What does the cowboy slang 'scrap' mean?
Cowboys loved a colorful phrase! A scrap is a fight or boxing match. You wouldn't want to get into a scrap while you were in town.
If your car was badly damaged and your dont want it fixed can you get it totaled?
you can sell int for scrap at a scrap yard.
How do you get dealership?
i want to uninor dealership in ahemdabad. plz contek me. email id:rakeshchaudhari2166@Yahoo.com
What can you do if a dealership sold you a car that they claimed was a 2002 when it is really a 2000?
Wow, there's a significant difference in value of the vehicle's purchase price. Have you spoken to the dealership? You need to speak to the General Manager of the dealership. Or the bank that financed the car? If the dealer hasn't been helpful, go to the bank. They're going to want to straighten this out as they're funding a vehicle less valuable than they thought. If that fails, contact your state Attorney General's office about consumer protection.
How do you get uninor dealership?
i want to uninor dealership in ahemdabad. plz contek me. email id:rakeshchaudhari2166@yahoo.com
You want to sell your financed car; but how does the transferring of the title work?
Contact your lender.
You want to report for illegal immigrant but you do want to call?
I want to report for illegal immigrant but I do not want to call?
How long does it take a dealership to rebuild a transmission in a 2000 Pontiac Montana?
You might want to ask the dealership that question.
