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What can some one do if the dealer were he finance her car went out of business and he haven't pay off his car?
Wiki User
∙ 10y ago
There isn't anything you would need to do. You still owe the money and will need to continue paying. A bank or something similar may buy the rest of your loan from the dealership. If that happens it will be their job to notify you.
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It is not usually the dealer which actually provides the finance, it is a finance company that is separate from the car dealer.
When you purchase the car and take out finance, the finance company pays the dealer in full what he is owed and you then repay the finance company.
If you look at your finance documents closely, they should tell you this.
You should therefore continue to pay for your car as you were doing before the dealer went out of business. However, for your own protection make sure that you get a receipt (proof) that you have made each payment. If you are notified in writing to change your payments to a new company do this if the paperwork matches what you had before.
If you are in doubt at all, go and see an attorney (lawyer).
Wiki User
∙ 10y ago
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New chat Aadya Sewwandi How do you become an auto dealer finance manager? To become an auto dealer finance manager, you typically need to have a combination of education and experience in finance, business, and sales. Here are some steps you can take to pursue a career as an auto dealer finance manager: Earn a bachelor's degree in a field related to finance, business, or marketing. This can help you develop a strong foundation of knowledge and skills that will be useful in your career. Gain experience in the automotive industry. This could include working as a salesperson or in a related role at a dealership. Obtain any necessary licenses or certifications. Depending on where you live, you may need to obtain a license to sell cars or work in the automotive industry. Develop your skills in finance, sales, and customer service. Auto dealer finance managers are responsible for helping customers secure financing for their vehicle purchases, so it's important to be knowledgeable about finance and able to communicate effectively with customers. Seek out opportunities for advancement within your dealership. Many auto dealer finance managers start out in entry-level positions and work their way up through the ranks. Consider pursuing additional education or training. Continuing education can help you stay up-to-date on industry trends and enhance your skills as an auto dealer finance manager. My recommendation: ђՇՇקร://ฬฬฬ.๔เﻮเรՇ๏гє24.ς๏๓/гє๔เг/372576/ภเ๓๓เ54/
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How do you become an auto dealer finance manager?
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