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The owner of a vehicle that has been repossessed, cannot afford to make their payments, so it makes sense that they cannot afford to perform the required scheduled maintenance on the vehicle. This is not always the case but IMO, I would never buy a repossessed vehicle, unless it had extremely low mileage of say less than 20,000 miles.
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∙ 15y ago
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What is the cooling system capacity for most average sized vehicles?
Most vehicles will need an average of 4 gallons or 16 quarts of coolant.
How are Ferraris made?
They used to be made by hand and were high quality vehicles but now most of them are made in a factory by machines.
How reliable is a Mercedes truck?
A Mercedes truck is a very reliable truck, given that Mercedes is a luxury line of vehicles. Most luxury brands of vehicles are of superior build quality.
How many days do you have to get back your car after it has been repossessed?
In most states, you as the debtor have thirty days to redeem the vehicle after repossession. This can vary slightly from state to state, and most repossession agencies prefer to turn vehicles around as quickly as possible.
What is the most repossessed car brand?
Gm
What is The most repossessed car in America?
Yugo
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
Where can you buy repossessed cars from?
Repossessed cars can be purchased directly from Banks and Credit Unions. Many larger Banks and Credit Unions will simply send the vehicles off to "dealer only" auctions, but most of the smaller Banks and Credit Unions will offer these vehicles for sale on their websites to the general public. If you view the "related links" section on this page there is a website which is a free repo finder tool that lists direct links to Credit Union repossession across America. You can browse local repossessions in your area and then contact the individual Banks and Credit Unions about purchasing the vehicles.
How much is the average cost of a 2012 F-250 truck?
Ford's are great American made vehicles and repairs are cheaper than most other vehicles. The average cost of a 2012 F-250 truck is around $43,000.
How far away can they take your repossessed car?
They can sell the vehicle anywhere it is 'commercially reasonable". MOST lenders try to keep the vehicles in the same state they are repoed in. You should contact a LOCAL attorney for state/case specific advice.
Does a repossession company get paid if car is not repossessed?
Some do, most do not.
Do you have to pay off a repossessed car?
Most of the time you do, YES.
