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What are the laws of repossessed cars in Canada?

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2014-12-03 21:39:35
2014-12-03 21:39:35
  • Cars repossessed laws in Canada a vary by provine.Whether your car will be repossessed depends on such factors as the province you live in and how for behind you are with your payments.Vehicle repossessed is negative impact on your credit rating. If you want more information email me at natalsiapatterson34@gmail.com
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One could search for repossessed cars for sale online at the websites provided by the companies Repo Direct, Auto Bid Master, Repos 4 Sale, Cars for Sale, Bank Repossessed cars and Repossessed Cars Sale.


Repossessed cars are usually auctioned off in the county they were repoed in, you can also try this link to help find repossessed cars, http://ultracarfinder.com/


Here is a website that states CA laws on repo and storage. http://www.repobiz.com/facts.html


Repossessed cars may be purchased from many car dealerships some specialize in repossessed vehicles and others may have the occasional defaulted payment. Another great place to find repossessed cars is with a financial institution, there are many people struggling, taking credit, the car is often the first thing repossessed when the loan is called in.


Your local car auction can provide you with a great selection of repossessed cars and trucks. You can contact banks and lending istituions for a list of cars tey have for sale most cars are sold at auction.


You can't even import diesel cars from Canada due to different laws.


They check them out and resell them after that for a cheap price.


They get resold as used cars to make some of the money back.



Autobidmaster.com is a site where you can bid on those cars that have been repossessed. It offers a wide range of of models and locations of where the vehicles are being listed.


These entities regularly auction off repossessed cars. Places and times vary by bank and region, so call the banks in your area to get started.


It depends on the laws in your state.



Once a car is repossessed, the bank resells it at auctions to make back the money lost on them.


A person can find a list of repossessed cars that are for sale in several different places. Some of these places include GOV-Auctions, Auto Bidmaster, and Pickles Auctions.


Watch out for 'flooded' cars from down south!They were repossessed, which means the individuals did not make payments on them. Which means they probably didn't bother with routine maintenance, such as oil changes. There is no telling what condition they are in.


Repossessed cars are generally sold at auctions, so look out for car auctions in the local press. Make sure that you ask for a catalogue before the auction and do some research before you go to bid.


You can find information on repossessed car auctions on websites such as Absa (under repossessed cars), AutoBidMaster and RepoDirect. Depending on where you live there can also be local sources of information.


There are thousands of laws in Canada. There are no two 'main' laws.


0.36 percent of cars purchased by owners acquiring loans are repossessed in a quarter in the New York. Repossession occurs as a result of failure of stressed borrowers to come to an agreement with their debtors.


Actually one, I have repossessed cars for BMW where there customer was three days late. it all depends on the states laws I have a website that may help you avoid having your car repossessed. www.stoptheREPOman DONT LET TTHE BANK TAKE YOUR CAR BACK!


He had seven cars, but the bank repossessed five of them. He had a cookie, but someone ate it.


Yes, your car can be repossessed. I ship cars for a company that repossesses cars out of state all the time.


Yes, Nissan cars are sold in Canada. Nissan has a dealer in Ontario, Canada which of course sells Nissan cars. I do not know that much about Canada, but I do know that much at least.


Not that many in the U.S. due to strict emissions laws. However, they are significantly more popular in Europe and even in Canada.



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