Your car was on a buy back list because of problems Before the buy back could go through your car was repossessed What are your options?

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Then the car was never yours - it 'belonged' to the finance company until you have paid the full amount.
When a person buys something they pay the seller the purchase price - you didn't pay that money, the finance company did, so they were the buyer and you were using it with their permission until you paid the price to them.
The finance company will benefit from any transactions concerning it.
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Can you get your car back after repossession?

Yes, you can get your car back but you only have ten days to do so before the car goes to auction, in order to get your car back you must bring the full amount of payments you are behind to the repossessing company. The lender can deny you the car back also, depending on how many times you made late ( Full Answer )

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 )

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.

Should the lender tell you where your repossessed car will be sold so you can buy it back?

It is not required. However, if you do discover where the vehicle is to be sold, provided it is close enough for you to travel, you can attend if it is a public auction as opposed to a dealer aution, and you bid like everyone else. Now, that being said, it seems it would be much easier for you to p ( Full Answer )

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 )

What happens if you buy the car and before the first payment you been having problems and it's been back at the dealer more than you driving it?

Answer . \nContact you State Attorney General and find out if your state has a Lemon Law. Keep accurate and detailed records of all repairs. The number of times it was in for repair, days out of service, etc. Allow the dealer a resonable amount of time to repair the vehicle. Keep taking it back u ( 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 )

How do you get your car back after it was repossessed?

Answer . If your car has been reposessed you have 15 days for redeeming your car If you have the payments your behind,valid full coverage insurance and license,but the lienholder can demand full payoff .If you can not get another company to finance the car then it will be sold for highest bid at ( Full Answer )

How can you get your car back after it has been repossessed?

Contact the lender and make up all the past due payments plus the repossession fees. Answer: You can contact the lender, or you can contact the repossessing agency. If you contact the lender, they may allow you to make a payment arrangement. Your payments may be less or could be more than you beli ( Full Answer )

How you do get your car back after being repossessed?

Answer . \nYou need to contact your lender to see if they will work with you on getting caught up on your back payments. \n. \nSome state laws allow the lender to require you to pay the vehicle off in full and some state laws require the lender to return the vehicle to you if you can catch up on ( 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 )

What can I do to get my repossessed car back?

Answer . \npay all owed monies and get the car before its auctioned ! only takes a few \ndays before the car goes to the auction . they will the car fast even at at a loss!

How do you get a car back after repossession for no insurance?

Answer . Since you have violated the terms of the loan, there is no obligation for the lending institution to reinstate the loan. So you can pay off the loan in full but if they don't want to sell you the vehicle, they don't have to. It's theirs now. They get to dispose of it as they feel appropr ( Full Answer )

Can other family members still buy the car back if a car has been repossessed due to late payments and it was still in a deceased family member's name?

Answer . Should be able to as the lender really doesn't want the car. Call the lender and talk with a supervisor.\nTell them that you can give them a "certified death certificate" for the primary signer and that you want\nto make arrangements to buy the car.\n. \nWhether they will let you pay i ( Full Answer )

Can you get your car back after a repossession?

When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in ( Full Answer )

How can you get your repossessed car back?

under law you have to be offered the right to redeem the car usually for the full amount due and a repo fee added to that as well. if you do not the bank will auction off the car take whatever they can get and sue you for the rest.

In the state of California does the loan company have to send you a letter telling you when the car will be sold at auction so that you may have the option to go to the auction and buy it back?

Answer . No, when a lender auctions your car they are auctioning out to local dealerships or lenders. So, you do not have the option of buying back this car. If you have the finances to buy it back, then your best bet is to wait for the letter in the mail telling how much you will end up owing af ( Full Answer )

How can I get a repossessed car back?

Answer . There is no way that you will be able to get that care back. Once a vehicle has been repossessed the company holding the car is in the process of auctioning that vehicle. You will have a balance once this vehicle has been auctioned out. You should receive a statement in the mail withing ( Full Answer )

Can you get a car back after repossession?

Of course, call your bank and pay them what you owe and they will let you have it back as long as you have not waited so long that they have sold it to someone else.

Do car dealers do buy backs?

Some car dealers will do a buy back. This will vary between dealersand their policies on if they do buy backs or not.

Can you get your repossessed car back through bankruptcy in Arkansas?

The debtor always has the ability to come up with the past due amount and become current to recover the vehicle, prior to the vehicle being sold at auction. After sale, it's all over. If you file a Chap. 13, normally, upon proving you have insurance, the debtor is included at the correct amount a ( Full Answer )

Can a buy here pay here car lot repossess your car and not want a payment and not want to give your car back?

\nThis depends on the contract. Many contracts allow them to demand full payment if you are even one day late. You then usually have 10 days or so to pay the entire thing off or they repossess. Once they repossess it they have given up on you as trustworthy and are not obligated (as far as I know ( Full Answer )

Buying back your totaled car from insurance?

It's possible and may be worth doing if you can fix it economically. Often the insurer will ask a very low price. It's worth it to them to get it off their hands.

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 )

What are your rights for buying back a repossessed vehicle?

It varies by state and by the company. Go back and read through your contracts. Usually you have to do it within 30 days. Some companies will let you catch up the payments, plus a repo fee and let you have the car back. I've also seen them tell a customer that they would have to pay the car in full ( Full Answer )

CAN you BUY MY Car back after its totaled?

In some cases you can buy your car back from the insurance companyor from the scrapyard if the vehicle is totaled. You will need tocheck your insurance policy to see what type of stance they take onthis purchase.

What options are available when buying a car?

There aren't many choices when it comes to purchasing a car whether it's used or new. You can either go to a dealer or find a private seller. I would actually suggest finding a car at an auction. Not many people out there know or realize that they can get a very fine car at a government or police au ( Full Answer )

Can a minor buy a car from a private seller that has mechanicl problems get there money back after the car is totaled?

If you had not wrecked the car the answer would be yes. But you totaled the car so that makes it more complicated. If the mechanical problem caused the wreck you may have a case. If you are just trying to get your money back because you totaled the car then you have no morals and character. On the o ( Full Answer )

How do get your car back after a repossession?

If your car has been repossessed by the bank for missing payments, the quickest and most efficient way to retrieve your vehicle is to contact the bank and make your back payments. When contacting the bank about back payments see if there is a new payment plan system that you can set up with them tha ( Full Answer )

How can you get your car back if is repossessed?

You pay the loan up to date and you pay the repossession charges including towing and how long the towing company has had the car in their compound. The lender may want the loan paid off completely before releasing the car. If you can't make a payment or even two, most banks and finance companies ( 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.