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Yes, because ultimately you are paying the fees.Is your your 1996 car worth more than $240.00..... probably.Add in another 250.00 or 300.00 for the repo and your looking at 500-600 is your car worth that auction?Probably yes but it doesn't matter because you are liable for the balance left from the cars auction.

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Q: Would a financing company really pay a repo man to repo a 1996 car that has 100000 miles on it if only 240 dollars in late fees is the remaing balance and the principle has been paid?
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