The finance company has the right to repo a vehicle the day after the payment is due if it is stated in your contract. they usually wait till you are 30-60 days past due.
The total cost of the vehicle is $15948.00Multiply the number of months by the payment per each month.$332.25/month x 48 months = $15948.00
Depends on the company. Average 2-6 months.
Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.
as long as they want to, Generally they will sell the account to a collegetion agency after 6 months of non-payment
First off it is not your car. The car belongs to the lender until you pay for it. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
You're responsible for the payments based upon the contract terms regardless of whether you pay them or not. If you don't pay them, you're probably subject to additional fines, penalties, and seizure of the vehicle.
Depends on sticker price of the vehicle, the interest rate on your loan, and how many months the payment period for your loan is.
I recently bought a vehicle about 6 months ago and the dealership didn't have the title! So I'm just wondering if I could register and tag it without a title!
If you finalized the transfer prior to receiving payment, you're boned (and really bloody stupid). You will need to go to court. If you haven't finalized the transfer, tell the purchaser you need payment or you will report the vehicle stolen.
"Payment terms before 2 in 3 months due net" typically means that the payment is expected to be made within three months, but a discount or favorable terms may apply if the payment is made before the two-month mark. The "net" indicates that the full amount is due without any deductions by the end of the three-month period. Essentially, it encourages early payment within a specified timeframe.
Yhe lender cant do everything at once,they will get around to you and your car.
"Pay in full in 6 months" typically refers to a payment option that allows a buyer to make a purchase and defer the total payment for six months. During this period, no interest is charged, provided that the full amount is paid by the end of the six months. If the full payment is not made by the deadline, interest may begin to accrue retroactively, often at a high rate. This option can be beneficial for managing cash flow while making larger purchases.