answersLogoWhite

0

the dealership will probally not take your car back unless u sell it to them at a value that they can resale downside is you'll owe the balance of the loan in which the dealership did not pay your best off trying to resell to a private party and maybe break even you may owe a little money though. but its worth salvaging your credit

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Can the dealership take your car?

If you mean can the dealership take your car, if you don't make your payments. Yes. Usually the finance company will take your car, because the dealership has already passed your account to the finance company. If you have made a deal for a car that the dealership later discovers you don't meet the financial criteria, they will take your car back and offer you a lesser model for deal that suits your budget better.


What can you do when you can not afford car payments because of loss of income?

Well, sometimes you can explain to the dealership what's happened and they might agree to give you some extra time to get the money for your payments. Other than that I don't really know what you can do unless you borrow the money.


What is the best and nearest dealership?

The best and nearest dealership depends on where you live. so for me I would go to a Honda dealership or a Toyota dealership because they make great cars.


2003 Jeep liberty windshield washer pump removal?

Alright, I strongly suggest bringing it to the dealership because you have to take the bumper off. It is right behind the passenger fog light. It might not be the pump problem, Check the wire that goes to the pump if you do it yourself.


How did Michigan get its motto name?

Because all are car dealership


If a car is repoed can they repo your new car?

If you aren't paying for that car's payments then yes. The only reason why your car should be repoed it because the payments aren't being made on it. It doesnt matter if your car is from the 1940's or if you brought the car last month, the car can be repoed if you dont pay the payment for 2 or more months (consult dealership for it's repo rules).


In the sentence What laughter does is bring lightness to others. Why is 'bring' not 'bringing'?

It is not 'bringing' because it is not a continuous/progressive sentence


I bought a car and the payments are to high can i change the contract to a lease to lower payments?

Probably not. You could try talking to the dealership. Or you could trade in the car and lease a different one, but you're probably going to take a severe hit in the wallet for that. If you're just wanting to do this because you've seen a an ad and thought "wait, those lease payments are a lot less than what I'm paying" you may not know that you usually have to put down a fairly large initial payment.


How do you transfer car title when the car is financed with a different owner but I make the payments on the car?

Typically you cannot transfer the car title because the person who is financing the car doesnt even have the title, the title stays with the bank. Youd have to go to a dealer with the person and have the dealership work that out


How much of the payments prior to repossession is allowed to go toward interest?

Get a hold of a lawyer, because I was told by my friend going through this situation, that His lawyer told him that NO debt once it has gone to repossesion (once that car has been resold), or collection beyond the finance company is allowed to still accrue late payments or interest.


Jill helps Jack get car. Jill is owner and Jack is co-signer. Jack is paying payments but Jill will not let Jack have possession of car. Says she can' t because it is her name. how does Jack get car?

I was in this situation, but it corrected itself before it got ugly. In my case, I was Jack and called the dealership. I found that as a cosigner making the payments for a couple of months, I had the right to take the car from Jill, though I would have to be careful about going onto her property to take it when she wasn't aware, as she could get me for trespassing. But if I found it in a public place or a neutral parking lot, I was totally within my right to drive away in it. The dealership was going to provide me with my own key for a small cost. Thankfully, it didn't come to this, but it was nice to know that I would have the legal ability to do this without recourse if worse came to worst.


Why are transfer payments not included as a government expenditure when calculating GDP?

no, because they are not payments for currently produced goods or services.