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You are in a very grey area here. The cars on the lot, and the ones they have sold, may still be collateral on the loans or credit line of the dealership. Your car could be reposessed any time even if you are up to date on payments. You need to get in touch with someone at that dealership and find out what is going on.

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15y ago

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Related Questions

What if there is no title to a vehicle?

Then you must have it inspected by the Bureau of Motor Vehicles and let them give you a title. IF the car is stolen then you are going to be in a lot of trouble.


When purchasing a used vehicle from a local car lot will the title be sent in the mail And is it from the DOT or the car lot itself?

From the DOT but the car lot will have been the one to send it to the DOT. The Dot are the ones who actually mail the tittles to you.


Can a car purchase agreement be cancelled if the car has not received AND the title for the trade has not been turned over to the dealer?

If you have not driven off the lot with the vehicle and have not turned over the title for trade there is no deal. They still have the vehicle you agreed to buy, and the bank has to approve the loan which has not been done either.


Can your car be repo'ed if you have the title?

IF your vehicle is collateral for loan in DEFAULT, it CAN be repoed.


I ve a clear title to my vehicle with no liens can the dealer legally repo this car?

If you are making a payment, whoever you are making the payment to holds a lien on the vehicle, unless the vehicle was purchased on an unsecure note (not likely). Some states will issue you a title even though there is a lien holder on the title, some require that the lien holder holds the title until the not is paid in full. Look at the title, itf the lien holder section is filled out, that is who holds the lien, they can have the car repoed. there is no lien holder on the title it is clear the car lot is in the sellers area


If a car has a salvaged title can it still be legally sold by a car lot?

Absolutely,a dealer can sell you a vehicle with a salvaged title. Each state has there own laws but in most states you must disclose to the consumer that the vehicle you are selling to them has SALVAGED history. The selling dealer must disclose this on the state title forms and on the BILL of SALE.If the selling dealer does not disclose this,then you have a legal rights against the dealer.


If you sign a car contract and do not drive off the lot in California is the vehicle yours or the dealer's?

If the transaction was completed, in other words, if the consideration was paid or the loan was signed and the title was issued in your name, you own the car.


You are a new notary How do you notarize a car title?

Notarize a car title!? Every state issues new Notaries a complete set of guidelines and regulations. Refer to them, or call the Secretary of State's Office for your state and inquire. I've bought and sold a lot vehicles in my life and have NEVER once had to have a signature on a vehicle title notarized.


How much does an auto salvage title depreciate a car?

a lot


Where do you sign a title to a car when trading it in to a dealer car lot?

the back, under Seller


How do you a locate a dealership that has gone out of business and you have the automobile but no title?

You can try to find the Car company but odds are you will not have much luck in getting a title out of them. You need to go to a Vehicle title service company. they often can get new titles issued in less time and a lot less aggravation. The State can take up to more than 6 months and you need to gather a ton of paper work. Be sure it is a Guaranteed title service that has a money back guarantee.


How do you change the owner and co-owner on a vehicle registration in NJ?

You probably do it on the back of the title. Then, take the title to DMV and get a new registration. If depends on your circumstances. If you "give" a car away, in some states you have to pay a lot of taxes on it so people often sell a car for a dollar to a relative to avoid the taxes.