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When your car gets repoed by a used car lot do they came after you for the rest of payment?
Wiki User
∙ 19y ago
The car will be sold. You are responsible for the difference in what the car sells for and the total outstanding balance on the loan. You will be required to pay this amount. Never ever let a car be reposed. Talk to the lender and work something out.
Wiki User
∙ 19y ago
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