You can either make the payments on the loan the car will be repossessed. You can be proactive and call the lienholder and tell them of your situation. Make it clear to them that you cannot afford the payments and have no intentions of keeping the car. They will come and take the car and sell it, and you will owe what is left on the loan minus what they sell the car for. By cosigning the loan you took responsibility for it, and are legally obligated to make the payments. First thing you do is Smack your son upside the head and ask him who the hell he thinks he is for sticking you with such a bill. Second thing you do is Smack yourself for signing on it, people don't become that 'irresponsible' overnight, but because you wanted to 'believe' in your son you signed on it probably knowing if nothing else in the back of your mind he wasn't going to pay for it. Third thing you do is call the finance company, let them know what's going on and ask them to come get the car, now with that they will then sell or auction the car and charge you the difference from what's owed and what it's sold for. (i.e. you owe $10000 and they auction it for $5000 they will still come after you for $5000) ..... Either way you got the shaft on this one.
The same as if a Georgia dealership, or Michigan dealership, or Massachusetts, New York, New Jersey, Virginia, or a dealership from any other state cannot do so. Actually it is not a question of the dealership, it is a question of what the lender will do. The lender is the party that accepts the risk of loaning you money to purchas a vehicle. If they determine you are not an acceptable risk, then the dealership cannot sell you a car. The dealership has no liability to you.
17 out of 23 people cannot afford cars
i cannot afford my truck payment can i sell it 2 dealer and get cheaper car
In the United States, if someone cannot afford a lawyer, they can have one provided for them free of charge. This is a right for all citizens.
Most DUI/DWI attorneys overcharge and clients cannot afford their services.
Every state in the U.S. is required to provide a lawyer to people who cannot afford one.
Expensive land and equipment
Yes. If you have poor credit and cannot finance the purchase, of course they can take it back. Count yourself lucky. Leasing a vehicle is one of the worse decisions you can make. Buy a used car you can afford and stop trying to drive more car than you can afford.
Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.
Education is greatly valued in Gambia but schooling is not free. Therefore those that can afford it generally go but many others either cannot afford the fee or cannot get a place.
Because he and his family cannot afford his lunch. And when Miss Caroline offers to let him borrow some money he refuses because he cannot afford to pay her back.
Typically, no a felon cannot sell a car at a dealership in California. Unless, of course, they are the outright owner of the car in which they are trying to sell to the dealership, (and have all the paperwork to prove this true) OR they are under an employment agreement with the dealership, and it is their job to sell cars at the dealership.
I cannot afford a house that big.Maybe I can afford it in a few years.
she cannot afford sport :O
They cannot afford the mortgage or rent.
I cannot afford the bus fare today.
If you cannot afford to pay back your student loans, you can communicate with your lenders to defer your loan.
When you go to a used car dealership, you should always ask them if the vehicle has been in any accidents, if they can provide repair history, a buyer's guide, and ask what their return policy is. If the dealership cannot provide repair history or has a no returns policy it is best to find a different dealership.
Because his salary was cut, he can no longer afford the house payment. I was late for work three times last week so I cannot afford to be late again. He's a wealthy man who can easily afford his daughter's extravagant wedding. How can she afford diamonds and a fur coat when she has no job? He saved money for years so that he could afford to send his boys to college. I can't afford to take a day off because the quarterly sales report is due tomorrow. We couldn't afford an expensive honeymoon, so we spent the night in a local motel. For families who cannot afford our tuition, financial aid is available. After that huge crash last year, the airline cannot afford any more bad publicity.
Kevin cannot afford to live as an astronaut
Under the present circumstances, we cannot afford to hire an assistant for you.
If you're asking how much then probably you cannot afford it.