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Usually around thirty days after purchase
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∙ 16y ago
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If you bought car in August when is first payment due?
It will be specified in the contract.
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 they will not give it back if you catch the payment. they will call for the full balence on the note and send the car to auction. Check out www.stoptheRepoman.com for other answers like this.
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.
Are you responsible for the car to be fixed if you have not even made your first payment?
That depends -- what broke it?
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.
If you don't pay the first payment for your loan can they repossess the car and still collect the amount the car is worth from you?
Yes.
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
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.
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
How far do you have to be behind on a car payment before your car is repo?
2 payment
Where can I calculate a car payment online?
You can visit pnc.com for your help on calculate a car payment. I hope this helps you find the right car and the right car payment for you. They have the tools to help you.
What is the average car payment?
the average car payment is about 200$ which this stayment is not made based on the car types.
