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A "financed" car is one that is purchased with money that is loaned to you. You then make monthly payments at a certain rate and percentage for a certain number of years and months. The car is owned outright by the one who lent the money.
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∙ 16y ago
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Can you register a financed car?
You can, should, and are legally required to register a financed car.
Car broken and needs repairs and it is financed?
car is broken and needs major repairs but is still financed how do pay for the repairs
Average amount financed for new car?
What is the average amount financed in an auto loan
What percentage of new car purchases are financed?
73% of new car purchases are financed, according to this website: http://www.newcars.com/how-to-buy-a-new-car/auto-financing.html
Do you need insurance on a financed car in NJ?
You ALWAYS need insurance on a financed car, and it has to be full coverage. Doesn't matter what state you're in.
How do you sell a personal financed car?
repossession
A financed car that's not drivable?
That's a statement, not a question. What are you asking about the car?
If your car is financed through a dealer do you have to have full coverage insurance?
I believe it depends on the state, but as far as I know, if you have to have full coverage on a financed car, it doesn't matter where it's financed. If you still have questions, ask your insurance person, they'll know the answer.
Can you get a title loan on a financed car?
Legally, NO !!! can you, sure!! LOL
Can you get insurance money instead of repair?
If the car is not financed-Yes
What to do when your financed car breaks down?
When your financed car breaks down, you need to get it fixed so you can drive it and keep paying your loan at the same time. If you can't afford to get it fixed, you can give the car back to the finance company.
If you financed a car can you later on trade it in for a new car?
Yes, no worries as long as that car has no defects and it is in good condition.
