answersLogoWhite

0


Best Answer

i o 19000 on a 10000 car at 560 a month 4 years left on loan

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What can a bank do to you if you give a car back on your own?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

My name is on the title of my car and my mom took my car away and she wont give it back to me cans he do that?

i own a car the titles in my name my mom took the car and wont give it backto me can she do that


Can a bank repossess a paid for car for other credit debt i own the car but i owe a lot of other debt?

The bank doesn't own the car. Unless you used it as an asset, or collateral for a loan from them, they should have no hold on that.


Must you carry insurance on a vehicle after it was repossed?

If the car is repossessed then that means the bank owns it. So if they own it and they have it, then no you do not need to pay for insurance on it unless you plan on getting it back.


What if the car loan people forget to put a lien on the title?

If the bank or car company doesn't put a lean on your car.......you own it.


If your car is repoed do you have to pay the loan back to the bank?

If the banks car (they own it until the loan is paid off) is repossessed and is in their possession, the loan terminates and you own no additional monies. However, any and all monies you paid up to that point you forfeit - in other words, there will be no refunds to you.


Pros to buying a car with cash?

No car payments. You get to actually OWN your OWN car. If you buy a car on credit, the bank owns the car until you make the last payment.In addition, you pay less for the car. No loan means no interest.


Who has a lien on your car?

If you took out a loan from the bank to buy your car, they have a lien on it. For all intents and purposes, they own the car until you have it paid off.


What are the risk's of depositing your money in someone's bank account?

Once you deposit your funds into another individuals bank account, those funds are no longer yours. You can not get your money back unless the owner of the account withdraws the funds and decides to give them to you. I recommend getting your own bank account.


Who owns what car?

AnswerI own my car and the owners of other cars own their cars. All car owners own their car unless they have a loan on their car. In that case they do not own their car outright until the loan is paid off, at which time they are the sole owner of that car.if you total your car the insurance company owns it then,but you can sometimes buy it back.


If you are up to date with with the bank and you file for bankrupe can the bank take your car?

they should have the right to reposess anything you own in order to balance their loss.


How do you self finance a car?

You find the car you want, settle on a price, and then go get your own financing from a bank or credit union of your choice.


Can you sell a car for a dollar?

If you own the car, you can sell it for whatever you want. You can even give the car as a gift to someone.