With enogh down payment, you can get a car with 10 repos. The more repos, the more DP needed. probably get a higher interest rate too.
It's the same on your credit, However it will save you money on repossessions fees if you voluntary Take the car back, because the Lender or finance company wont have to send out a repo. team to recover the car witch cost a lot of money and time. The repossessions will look about the same on your Credit, However it best to voluntary give it back, Because if you cant pay fo it then the right thing is to give it back to the Legal owner! It's the same on your credit, However it will save you money on repossessions fees if you voluntary Take the car back, because the Lender or finance company wont have to send out a repo. team to recover the car witch cost a lot of money and time. The repossessions will look about the same on your Credit, However it best to voluntary give it back, Because if you cant pay fo it then the right thing is to give it back to the Legal owner!
how do you find out if the owner still owe a finance company on the car you are buying?
YES.Clubs are designed to prevent THEFT. Repossessions are NOT theft.
The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.
She still has to pay with the car working or not.
Chrysler sells their repossessed car at auction.
The financier gets billed, then passes that cost on to the debtor.
They will....eventually. Regardless, you still owe.
Sometimes you can still finance a car from a dealer with poor credit but with a higher interest rate. There are also independent car lots that will finance a car for you. The only drawbacks from an independent car lot is they usually charge more interest and down payment.
I have a suspended license from a DUI I got and I wanted to know if I can finance a vehicle still?
Assuming you're referring to a car payment, you can add it to your case before discharge, or you can reopen your case and include the automobile finance company. Keep in mind, however, that if you're filing Chapter 7 and your car is collateral, it can still be repossessed.
If you are in a Chapter 13, then you must get approval from the trustee if you wish to incur more debt.