1st option??READ your contract. What does it say about repos? IF that doesnt make sense to you, contact a local attorney.
i dont think so only if the dealer gave you a full refund!
a canteen full of coffee and his blanket
You car can usually only be repossessed if you fail to make the payments to your finance company.
They can elect not to but if the car has lemon problems you can bring it back. Needs to be well documented. I dealer can take a car back whenever it feels like, but many don't want a car back. You will lose money on it. They will not give you back your full investment.
When he came back he had ships full of colonists drawn from the slums and jails of Paris.
BDW can be Broker-Dealer Withdrawal.
lets get the FACTS straight. Heres what I'm seeing. A(person) buys car from (dealer) D.D "co-signs" the loan. A defaults on loan and D repos the car. B(bank)reports repo on A CR. Simple. A had loan in default, got repoed. Repo goes on CR because it happened. WHO did the repo is immaterial. Repo doesnt go on D because D "PIF".
If you have something saying you have paid for the car and you have the car and title, he can't come back and ask for more money. If you have no proof that you paid full price, but you did, you may have to let him sue you or you sue him. Talking to a lawyer may help if the dealer doesn't leave you alone.
Once your vehicle is repoed, you will have the opportunity to pay the loan up to date, plus any fees associated with the repo to redeem your vehicle. This timeframe is relatively short in duration, so if you fail to make the payment that is required, the vehicle will be auctioned.
Named after Karl Benz, the founder back in the early 1900s. Mercedes came from the name of his daughter.
As soon as the vehicle is paid in full.
Yes, you are still behind in your payments. Don't let this happen. Contact the lender and work something out.