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Once you receive a signed notice of lien satisfied can the lien holder still state that you owe money towards the vehicle and send subsequent bills?
Wiki User
∙ 14y ago
Is it a final lien waiver upon final payment? If it's a progress lien waiver, then they can still claim funds due. The final is final, and no further amounts would have to be paid.
Wiki User
∙ 14y ago
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When you receive an auto loan do you receive cash that you may use towards insurance and registration?
No, the insurance is your obligation and part of the expense of operating a vehicle. When you drive the vehicle off the lot the dealer has licensed it in your name but that only lasts for one year. You're responsible for licensing the vehicle after that, as well as fuel in the tank, oil changes, tires and other maintenance and repair.
What if you voluntarily contact the finance company to return your vehicle and they do not want it back?
The lender has no legal obligation to recover a vehicle and usually will not if the vehicle has greatly depreciated due to age and/or condition. The buyer cannot receive a clear title to the vehicle until the loan is paid or satisfied. The lender can use whatever means allowed under the laws of the debtor's state to collect monies owed, including filing a lawsuit against the debtor.
How is credit affected by returning a vehicle?
Can you please specify what you mean by returning a vehicle? Are we talking about returning a vehicle within the specified time by the dealer because you are not satisfied or are we talking about returning a vehicle that has been repoed?
How do you receive a vehicle title that still has a lien?
You can't. If a vehicle has a lien on it the lien holder is the owner of record of the vehicle.
If someone leaves you a vehicle before they die and it is already switched into your name can anyone take it from you?
Yes, if there is a lien on the vehicle that has not been satisfied yet they can claim the car.
What does used vehicle allowance mean on bill of sale?
Vehicle allowance refers to how much information the dealership will give you towards a new car. If they have allotted you $3,000 dollars towards another car, than that is your vehicle allowance.
What is a head on collision in cars and transportation?
when you get in an accident with another vehicle and you both receive damage to the front of you vehicle.
How can you return a used car you bought yesterday that you are not satisfied with?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
The terms leading or trailing in relation to brakes means?
in terms of brakes and most everything else in auto mechanics, leading is the part towards the front of the vehicle and trailing is towards the rear of the vehicle
Is it possible to have a lien on your vehicle even if you already have the title?
Yes. The title you received when you purchased the vehicle should show the lien holder. Even when you buy a vehicle on credit, you will receive a title. It is a lien title. You will not receive the full or clear title until the vehicle loan is paid off.
Where is the oil drain plug on a 1999 Oldsmobile intrigue?
Towards the bottom of the oil pan, facing towards the rear of the vehicle.
Where is the oil filter of 1991 Toyota Previa located?
Under neath the vehicle 3 foot or so from the front of the vehicle and towards the left side of the vehicle.
