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Q: Is it illegal to take a financed vehicle in the state of Texas out of state to begin a permanent residency What can happen if this occurs?
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Is it illegal to use a financed vehicle as collateral on a loan?

Well yes.... The car in question is already collateral for the first loan.


Is it illegal for a finance company to use a financed vechicle as collateral?

you cannot use it as collateral because you need to hold title of the vehicle however in this case the finance company has the ownership of the vehicle not you.............


What is the difference in insurance if your vehicle is financed?

No, there is no extra charges on an insurance policy for a financed vehicle. Only difference will arise in the paper works, and it will mention that the vehicle is hypothecated.


Can a rebuilt vehicle be financed?

Legally? Yes.


Does Buell require insurance if the bike is financed?

Any lender requires insurance if the vehicle is financed.


How can you get a vehicle financed if you have no credit?

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Delaer can't get vehicle financed after 10 days of signing contract?

What is a Delaer?


Is it illegal to shoot game from a moving vehicle?

yes it is illegal to shoot from a moving vehicle.


Is it illegal to have two insurance policies on the same vehicle?

It isn't illegal to have two policies on the same vehicle, however it is illegal to try to claim twice for the same vehicle and the same incident.


How does repo of a leased vehicle differ from repo of a financed vehicle?

NO, a lease is simply a contract like a loan. DEFAULT of either calls for repossession.


Does a finance company who has repossessed your vehicle have any rights to your new car that is financed by another lender?

No


Is a co-signer on a new vehicle that is being financed able to insure and register that vehicle alone?

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