most definatly, and don't let the new company tell you otherwise.
It depends on the terms of your contract
No, there is an exemption under Ohio law that permits finace companies to dispose of repossessed vehicle without a dealers license. Sale and title work is the same as a casual sale between individuals. No, there is an exemption under Ohio law that permits finace companies to dispose of repossessed vehicle without a dealers license. Sale and title work is the same as a casual sale between individuals.
no. unless there is something wrong with it There are dealers that give a 3 day trial period, usually max of 200 miles. You can bring it back, trade it for another vehicle or just be released from the contract. Always ask before signing any contract in a car dealer.
If you wreck your vehicle, the insurance company pays you off and you give them the title for the vehicle. The insurance company then turns around and sends the vehicle to an auction (usually for dealers and wholesalers only) and sell it. Most of the time a salvage company will buy the car for parts and the insurance company can recoup some of their money.
Depends on the contract you have agreed to with your employment. So sometimes yes sometimes no, read your contract.
There are many places to find commercial vehicle dealers. They can be found online or in store. Some of these places are your local car dealers and the brand commercial dealers.
If there was a mistake on the dealers part they can't force you to sign a new contract. However, if you have had the car for very long they may be able to charge you for the use of the car.
A 'contract hire' is a term typically used on the UK to describe an operating lease for a vehicle which is to be used by a business. The details vary from company to company but all will be outlined by the dealership.
No. The insurance must be in the name of the owner of the vehicle. An insurance policy is a legally binding contract and if one party does not own the vehicle then the policy and thus the contract is void. The insurance company cannot pay a claim on a vehicle if the owner is not party to the contract. They also cannot legally pay the owner because they are not an insured person under the contract.
Yes, the lender can recover the vehicle any time after the lending contract becomes in default.
depends on the state your in and if they sold it on their lot or off premises. Mostly if you signed the contract you own that vehicle so i would definitely talk to the dealer and see if you can work out anything. Only some dealers give you that choice but it is a company policy not the law
Of course one can cancel the contract but this will involve some penalty charges. Although dealers don't charge you any penalty in case the reasons are not personal, for example cancellation of loan etc.