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The bank repossessed your motorcycle what will you still have to pay?
Wiki User
∙ 18y ago
the bank will sell the motorcycle normally at auction what ever it sells for is taken of what is owed and you pay that balance if it makes more then is owed a refund is payed
Wiki User
∙ 18y ago
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How can you buy a repossessed truck?
Go to bank or other place that repossessed the truck. Pay cash for it etc
Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
What is worst that can happen if you cant pay your bank loan in Ireland?
Your home could be repossessed by the bank.
Do you have to pay for a car if it is repossessed?
The bank will sell yours at auction. Whatever they do not recoup, you owe the difference.
My Car was repossessed what do I owe the bank?
They will auction the car and you will have to pay the difference of what you owe and what the car sold for.
What can happen if you don't pay a title loan and you still have the car?
The vehicle can be repossessed.
If I missed five payments on a motorcycle can I pay them late and avoid repossession?
Up until the time that your motorcycle is actually repossessed, the dealer will be happy to receive your payments, even if they are late, and will allow you to keep the motorcycle. But if you wait too long the repossession will happen.
What can you do if a 'buy here pay here' reports your car as repossessed but you still have it?
Offer to buy it.
When you vehicle is reposed are you financially responsible to pay the bank anything?
When your car is repossessed from the bank, the bank will sell it, usually at an auction. You are responsible for the difference of the selling price and what you owe on the car.
Do you have to pay the difference on a repossession car loan?
Not sure of your question. Do you mean do you still owe after the car is repossessed? Or do you mean do you have to pay off a loan to buy a repossessed vehicle? It depends on the state you are in, contact the lender.
When do cars get repossessed?
Depending on the bank used to finance the car, after failing to pay 3-5 payments the vehicle will be repo'd.
If car is repossessed does the owner have to still pay original cost of car?
In most cases YES
