# When do you get your first car payment?

Usually around thirty days after purchase

### What is a 1st payment default if it is not later than 30 days?

A first payment default , is when a bank calls the loan on your car because you are late on the first payment, 30 days or not, actually acording to your service agreement you are late like 4 days after the due day. they take it as a personal insult when you miss the first payment, also as a sign of things to come. usually if the repossess your car for a first payment default… Read More

### If you are two months behind on a payment can your car be repossed?

First off it is not your car. The car belongs to the lender until you pay for it. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.

### When will the first payment be due on a car?

Generally, after the purchase of a new or used car, the contract will state when a payment is due. Usually, it is due 30 to 45 days after the contract is signed.

### What can you do if you cant make your car payment and any future payments?

what can you do when you cant make a car payment what can you do when you cant make a car payment

### Are you responsible for the car to be fixed if you have not even made your first payment?

That depends -- what broke it?

### If the car has problems that the dealer cannot or will not resolve can you just release it back to the dealer if they haven't received a payment?

Yes i will release the car back to the dealer even if i did made a first payment. Sandile

### When is payment due after buying a car?

Generally a month. Sometimes if you ask your bank or finance company to defer the first payment for an additional month they will.

### Who gets car and car payment in divorce?

That is up to the lawyers, and the judge. One could get the car, and the other get the payment.....

### What is the average monthly car payment?

the average car payment is about 200$ which this stayment is not made based on the car types.

### How can they repo your car if you never received your first payment statement to pay for your car?

You are still obligated to make your first payment even if your payment booklet has not arrived. Your paperwork should have included a form which stated the contact information for your lending institution in the event this scenario presented itself. Buy a car, read the paperwork, understand the paperwork, then sign. Then go home and read/review the paperwork again.

### If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?

If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?

### Can your car be repossessed after being late a few days?

It can be. but generally wont be unless its your first payment.

### What will happen if your car down payment bounced and you made a particial payment?

The car will probably be repossessed.

### Average cost of a monthly car payment?

The average cost of a monthly car payment is $250. Of course the actual amounts will differ depending on the value of the car, and the amount of the down payment.

### Average car payment per month?

Depends on the price of the car: If the average price of a car was $20k the payment will be around $350.

### Where do you send car payment?

I don't have a car payment. If I did I would send payments to who ever holds the title.

### Can a warrant be issued for non payment of car note?

can a warrant be issued for non payment of car note

### Can a car be repossessed if the owner dies before the first payment is due?

The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.

### What is the principal payment on a car?

I think you are referring to the principal on a car loan. The principal is the amount actually due on the loan. When you make a monthly payment, the first part of the payment is applied to interest and then to the principal. Example: You have an outstanding balance of $1000 this month at 12% interest, and your payments are $100 per month: From your $100 payment, $10 is for interest, and $90 is applied… Read More

### How can you lower loan payment for car?

You can lower your loan payment by refinancing your car loan. You can also negotiate with your current lender and see if he can reduce your payment amount.

### Is a car payment a variable expense or liability?

A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.

### Are online sources reliable to calculate payment car loan?

There are some online sources that are extremely reliable when you want to calculate a payment car loan. Some, though, are not so reliable, so looking for the credentials would be the first thing i do.

### Can a car be repossessed if you are late making the remainder of the down payment but have been on time making the car payment?

YES, making the down payment is part of the contract and you are in default on it.

### Do they have to send you a letter to let you know your car payment is due?

NO, you know when your payment is due. It is listed on the contract you signed. Miss a payment and they can repossess your car then next day.

### Where could one get car insurance with a low down payment?

Car insurance companies do not require full payment upon acceptance. They do however ask for a down payment. If you go through a 3rd party you maybe able to get car insurance without a down payment.

### How do you know when you have a default on a car loan?

The first time you miss a payment... you made a committment... does your word mean anything?

### How much does car payment cost for a month?

Well, first you must see you doctor and find the golden ticket!

### Average car payment in America?

A car payment in America is between 380 and 460 dollars a month. This is on average of course.

### Car dealer forgot down payment?

The car dealer is not required to collect a down payment. The finance company is the one who usually asks for it. If they desire a down payment, they will contact you to get it.

### Average American car payment?

The average American car payment ranges between $380 and $460 dollars per month.

### Can your car be repossed before your car payment is due?

No, until you have missed a scheduled payment (at the very least), the lender has no right to the property.

### What is meant by car loan payment?

When an individual is purchasing a car it is usually acquired by getting a car loan. A car loan payment refers to the payments one makes to the loaning company or bank.

### How expensive is the Ferrari 360 Modena down payment?

Buying a new car can be very exciting and very expensive. The down payment for a car is dependent on the buyers credit, how they are planning on financing, and the lot in which the car is bought. A down payment for a car can range from $50 to $2-$3,000.

### You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?

I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.

### What is a sentence using the word payment?

I wanted payment for services I provided. When you owe a company money, they can demand payment. My car payment arrived on time.

### A car has been impound can the car be return to owner if a payment arrangement is made with parking tickets plan?

A car has been impounded , can the car be return to owner if a payment arrangement is made with parking authorities.

### What do you do if your extended warranty won't cover repairs and your car payment is due?

talk with the bank in which you have the car loan through about deferring your curent months payment due to car repairs.

### Can a car be reported stolen for non-payment?

Only if someone stole it from the owner. Otherwise the car is just repossesed by the finance company.

### Is there an example of a car loan payment calculation online?

Yes, there are examples of car loan payment calculators online. One online place to find a car loan payment calulator is Bank Rate. This will allow you to see you estimated monthly payments.

### What if you co-sign for a daughters car loan?

Then you are responsible for the payment if she misses a payment.

### How do you know how to calculate car loan after you have made the first down payment?

It will depend on the terms you have with the dealer. If all of the down payment is going to principal on your car then you would subtract that amount and that would be the amount left on your loan. If only a percent is applied to the amount then subtract that percent from the amount.

### Can a car place repo your car if you have made half of your payment?

Not making the entire payment is still a default on payment. You will be charged the late fee and you will need to make it right with the bank or they will start the process of repo.

### What is recurring payment mean?

A recurring payment is a payment made over and over, such as a house payment, car payment or electric bill, etc. that come due monthly or bimonthly etc.

### How can you calculate your car payment online?

Many financial instituions or car dealerships offer this service. They offer an online calculator where you provide the information regarding your car loan, and they will calculate the payment.

### Can a dealer reposses a car for not paying deferred down payment that is not in the contract?

This is not your car. The down payment enables you to have the privilege of a contract. So, pay up.