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You will be charged each time the representitive turns up to Repo!
Currently about £300.
These costs will be added to your outstanding monies due + admin charges!
If the car is not available for collection, they may then seek a court order to remove other property to the value of!
Again you will be charged for their visit!
Even if they repo the car, you can still owe them, as it may well sell for considerably less than you owe + collection fees, + admin fees, + auction fees!
Hiding the car just makes it more expensive for you!
My advice, is give them the car, in todays economic climate you may be able to get away paying them costs as they have something to sell!
Good luck!
What else can I help you with?
What happens if you don't turn a car over to the repo man?
they will repo it
What happens if your car loan is illegal?
then they take your car and repo it.
What happens if you hide your car from repo?
It will be reported stolen.
When repo man hits another car when repossesion a vehicle?
when repo man repossess the car and was in an accident before you can get it back, what happens
How can you repo a car that's in a locked garage in Ohio?
NO, you cant do that in ANY state. It will get you sued quickly. Ohio Repo Laws
What happens if you stop paying your car loan?
Repo.......homo
Is your car protected from repo man behing apartment gates?
No they cant it is illgal
How can you find out if a car is wanted by the repo man?
If its not your car why do you care???
What happens if the creditor cant find the car to reposs it?
It gets reported stolen.
Is it legal for the repo company to break into your car once it has been repossessed without a key?
The car is not yours, it belongs to whoever got the repo company to collect it. They can decide what happens to the car, if they instruct the repo company to break into it, then that's what will happen.
How can you find out if a car is in repo?
Call the bank and ask.
Can a repo company find your car through your credit report?
Yes. I find you, and there is your car too....
