Where in Western New York can you buy a repossessed car?

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First off buying a repossessed car is a horrible idea. You are buying a car that someone could not even make payments on. Do you think they took care of this vehicle? Do you think it was serviced regularly, the oil/filter were changed, and anything else necessary was done. More than likely the car was neglected and just driven. Unless the car as very low mileage, these cars are usually run to death. You can wear a car out in short order if you neglect it and drive it as though you know you are going to loose it. Saying that, if you insist on buying one, contact the lenders in your area and ask about their repo cars and when/where they will be sold.
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Where can you buy repossessed cars?

Here is a variety of advice: . If I were you I would check out your county for repossessions to be sold they generally sale for 2/3 of the loan value. . I would NOT buy a car that has been repoed. Simple logic tells me that the driver was NOT doing ANY repairs or even oil changes, before it got ( Full Answer )

Can a car be repossessed after dark in New York?

In most states they can repossess anytime of the day. More often they will repossess while you are at work. This way you won't see it happening, they are in a public place, and if you do catch it its less likely a scene could be caused. And yes of course they know where you work. You disclosed ( Full Answer )

Where can you get a loan to buy back your car that was repossessed?

Answer . Mike, that depends on how great your credit is. A repo on your record is NOT going to help. Any interest rate you get will be HIGH because of your credit rating.\nWith a decent down payment you can always get a ride at a buy-here-pay-here car lot. Good Luck.

How long does the bank look for a car that has a repossession order in New York?

In NYS how long do Banks/FCU's look for a car that needs to be repossessed? UNTIL they find it. Cars DONT fall off the face off the earth, now do they? Is the Bank or credit union automtcly notified when the car is registered? In some states YES, common skip practice by lenders and repo companies is ( Full Answer )

What are the repossession laws in New York?

Repossession without judicial process is allowed if the lender hasnot breached peace. A lender repossessing an automobile must issuea notice to the borrower, and a lender can sell an item via publicauction after repossession.

How do you buy a repossessed car?

If you are trying to buy a specific car, you can contact the bankor whoever holds the lien on the vehicle for more information. Youmay also start online with a free directory search for banks andother financial institutions who are selling repossessed cars. There are also other alternatives. You ca ( Full Answer )

Can you buy another car before your car gets repossessed?

O' yea, that is a brilliant idea. If you can afford to buy another car, then you can afford to pay for the one you agreed to pay for. Make the payments on the car you now own, and your problems will disappear. Stop being stupid and trying to work the system. They loaned you money in good faith. You ( Full Answer )

Is a car loan company allowed to repossess and put a hold on your bank account then over draft it in New York?

Partial answer . What did you sign? Do you have copies of all the paperwork you signed and that was ever associated with the loan? They repossessed the car, and then put a hold on your account? Generally an ACH (if that's the way it was done) has to have your signed authorization to do a wit ( Full Answer )

When can your car get repossessed in New Jersey?

\n. \n take back your car \n. \nI am trying myself to determine if NJ has different rules from most other states. According to this website http://www.lawdog.com/states/nj/sta1.htm it looks like we can just take our cars provided we don't break any other laws, such as breaking and entering a ( Full Answer )

Can you buy another car after a repossession?

Answer . \nYes, you can. My father did this. The thing is, you get a really high interest rate. You could try to have someone co-sign to get the interest rate down a little.. Answer . Yes but why would you want too??save your money and buy a used car outright.Then\nthere are no car payment ( Full Answer )

Can you still buy-lease a car after 2 cars repossession?

No. Unless you go to one of the dealers that offer a little box on the dash board that requires payment to run. Total rip off. A repossessed vehicle will stay on your credit record for 7 years. Due the recent economy no one will get you a new car loan or lease. Your best bet is save mnoney and pay c ( Full Answer )

What are the repo laws in New York because your car was repossessed and they say they sent a notice but you never received it and now the car was sold with your stuff?

Answer . \nYou should call the company that the car was finaniced through. They should have given you a number to call so you could schedule a pick up for your personal belongings. They should not of sold the car with your items in it. I would call the loan company and ask them where you things ( Full Answer )

Does a lender who repossessed your car have rights to your new car?

Answer . Not directly as a named lienholder would, but it depends on many things - mainly if the repossession reaped enough money to pay off the prior debt (which would include all late fees, interest, costs of collection, etc.). If not, the amount you would still owe may be turned into a claim ( Full Answer )

Where to buy spent mushroom compost in western New York?

The spent mushroom suppliers appear to be in Pennsylvania. Visit www.mushroomcompost.org. From that website, there is the subsite www.mushrooms-sms.com. The former website gives a contact for more information, at the email address of mushroomnews@kennett.net.

What is the catch in buying repossessed cars?

The biggest turn-off when buying Repossessed Car: As you already know, Repossessed Car Auction is a great way to buy your new car or other types of vehicle (boat repo auction, RV repo auction, ...); however, it seems almost too good to be true, because the price is very low. The catch lies in the ( Full Answer )

Where can you buy repossessed cars from?

Repossessed cars can be purchased directly from Banks and Credit Unions. Many larger Banks and Credit Unions will simply send the vehicles off to "dealer only" auctions, but most of the smaller Banks and Credit Unions will offer these vehicles for sale on their websites to the general public. If you ( Full Answer )

Can you buy a car in Virginia with a New York license?

Most if not all states require you to change your licence if you live in that state but since you are buying a car it should not make a difference since you can prove your residence. You will have to register the car in Virginia first then get the title changed to New York. This would be extremely d ( Full Answer )

How can you buy out a leased car when the lease expired and car was repossessed?

When a vehicle gets repossessed it either goes back to the dealer who leased it, or, and more commonly, it is auctioned by the reclamation company. You would need to attend one of these auctions to be able to bid on one, and even then, a lot of times you have to be a licensed dealer to participate ( Full Answer )

Can you buy a car in New Jersey if you live in New York?

of course you can. you can buy a car from any state and live in any state too. you just have to do an out of state title transfer. and if your state requires an inspection, youll have to do that too.

Can a buy here pay here car be repossessed?

Even though it is a buy here pay here dealer it is in the contract you signed. You dont pay they will take your car and you WILL have to pay the late payments on top of the repo cost before you get your car returned.

Does buying a repossessed vehicle raise your car insurance?

In this state buying a repossessed vehicle is no different from buying any other vehicle as far as insurance is concerned. The insurance agent checks over the car, takes pictures, checks the odometer, and quotes the rate just like any other used car. Of course if you have one car and you purchase a ( Full Answer )

How much time does bank have to notify us that they have repossessed your car in New York?

Notification occurs within 24 hours, however this may be satisfied by the lender issuing notification that your vehicle is subject to repossession due to your default on the loan. In many cases, notification is done by next day delivery to the address where the vehicle was recovered (private residen ( Full Answer )

How soon can a repossessed car be sold by lien holder in New York?

A "Repossessed" car is one, I would consider, to belong to the legal "LIEN HOLDER" typically a financial institution. Legally speaking they are the rightful OWNER of the vehicle until the day it is paid off, or LIEN is SATISFIED- so after successful repossession occurs, I can imagine the goal is to ( Full Answer )

What research should one do before buying repossessed cars?

Before buying repossessed cars, you should first research the frequency of repair and maintenance costs on the models in auto-related consumer magazines. You can also ask for the car's maintenance records from the owner, dealer or repair shop.

Can you buy another car even though is repossessed?

If you have had a car repossessed, you have not kept up with thepayments. You probably still owe money on the repossessed car. In these circumstances, the fact is that you can not afford topurchase another car and would not be able to obtain the finance todo so.