0
It gets repossessed. You can contact the lender and see if they will do a voluntary repossession where you give them the car or they will at some point do an involuntary where the repo man shows up and takes the car.
Answer
Wash the car and show up at the dealership. Get a ride home.
What else can I help you with?
What happens if don't pay the car loan?
If you fail to pay your car loan the bank can repossses your car. It also goes on your credit rating that you defaulted on a loan.
What happens if you buy a vehicle privately by cash and the seller does not pay their loan?
Try to make him pay off his loan or you will have to pay it off cuz you cant register it. I know you can junk or sell a car with a loan on it. So i would take him to cort for fraud.
What happens if you don't pay off your car title loan?
they take your car
What happens when you pay off an auto loan?
the bank cant come and steal it. but the insurance company can if you dont pay that
What happens when you cant pay cash store for loan?
just contact them as soon as posssible and make a arangment to pay it
What happens to a existing car loan when trading your car?
You need to make arrangements to pay it off.
What do you do when you cant fix your car and you still owe on a loan?
You still pay the car note and enjoy the lawn decoration
What happens to the loan when the car is stolen?
The insurance should pay the loan (if your lucky it'll pay all of it) If there was no insurance then you still have to pay for the loan. I had a car stolen and I had to keep paying for it until the insurance finally paid it off and I was left with $50 in the end to get a new car with.
What happens if you don't pay your car loan?
The repossess the car, can get a judgment against you and your credit is badly damaged.
What happens if you are paying on a car loan and the car gets impounded?
you continue to pay the note. just because you do not have the car available to drive at your whim doesn't allow you not to pay the note.
What happens if Im late or cant pay on your cash advance payday loan?
Normally, the financial institution from which you receive your loan will charge you for late fee in such cases. If the borrower can no longer pay for the loan at all, the financial institution will forward or 'sell' the loan to a collection agency.
What happens when returning a car to a financial institution and the car is of less value then the loan amount owed on the vehicle?
The lender will expect you to pay the deficiency which is the difference between the amount owed on the loan and the amount they get for selling the car.
