What happens if your car is stolen and is not found?
Then you buy a MUCH better alarm system for your NEXT car.
If a finnancing reposesor has takin the car, and it was stolen from him. it would be listed as a stolen vehicle by the local police. when found would be immediately towed and impounded. until the "OWNER" of the car retrieves it.. Wich means the bank, or financing company that the car was bought from.
Can a lender tell you that they have reported the car stolen and tell you just drive around and see what happens?
No. Another View: The police may retain any items found in the car pending proof that they actually are your property. REMEMBER: The car was reported stolen... and then it was recovered and impounded. The perpetrators MAY have used the vehicle during a crime spree and stashed their stolen goods in the car. The owner of the stolen vehicle would not be the beneficiary of the stolen goods just because they were in his vehicle…