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only way i know is to resell it to someone else

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16y ago
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Q: Is there a way to get your money back for a car sold as is?
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If you have car Repossessed why do you still have to pay for something you haven't got.?

Yes, if the current value of the car is not enough to settle your outstanding loan + any charges that have been added leading up to the repossession.Think of it this way -You borrowed MONEY to get the car. You owe back this MONEY not the car (because the value of the car is going down all the time while you are using it and it is getting older)If you fail to pay back the MONEY they have a rite to take back the car as an asset against this MONEY you owe.If when the car is resold it does not sell for enough MONEY to pay off your debt, then you still owe the people some more MONEY.


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I am the lien holder of a car I sold to a friend who has not made the contractual payments how do I reclaim the vehicle?

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If you bought a used car and was told it was fine but later you found out it had issues can you get your money back?

Only if the car was sold with a warranty which made this provision. Most used cars are sold as-is, and so the rule is "buyer beware." If the car was purchased from a reputable dealership, a friendly call of inquiry (be nice) may convince them to repair the car or otherwise compensate you in the spirit of goodwill and customer satisfaction. Some dealerships will, most wont, but either way the worst they can do is say no.


My car was sold for less than is owed. So long as I pay off the balance I should get my car back?

The way your question is worded it sounds like your car was repossessed and then was sold for less than you owed on it. That's pretty typical. If I DID understand your question correctly, no - you will NOT get your car back if you pay off the balance. My guess is that you did not fulfill the terms of your contract with the finance company and they wanted THEIR money - so they sold THEIR car for what they could get (typically at an auction) which is almost always less than is owed on it. So if you pay the balance on the loan, you will not get the car back (because the person who bought it owns it now)- but you will have paid what you promised to pay and learned a valuable lesson in the process. Try not to take this class twice. The tuition just keeps going up.