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What are the terms and conditions outlined in the contract for a vehicle sale with payments?
The terms and conditions in a contract for a vehicle sale with payments typically include details about the down payment, monthly payment amount, interest rate, length of the payment term, consequences of late payments or default, and any additional fees or charges. It is important to carefully review and understand these terms before signing the contract.
What else can I help you with?
When can a car be repossessed in Texas?
In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.
What are the terms and conditions of the vehicle payment agreement?
The terms and conditions of the vehicle payment agreement outline the details of how the vehicle will be financed, including the interest rate, payment schedule, and consequences for late payments or defaulting on the agreement.
What are the benefits of a personal contract purchase plan for purchasing a vehicle?
A personal contract purchase plan offers lower monthly payments compared to traditional financing, flexibility at the end of the contract to either buy the vehicle, return it, or trade it in, and protection against depreciation as the vehicle's future value is agreed upon upfront.
What are the benefits of choosing a personal contract purchase for financing a vehicle?
A personal contract purchase offers lower monthly payments compared to traditional financing, allows flexibility at the end of the term to either buy the vehicle or return it, and provides protection against depreciation.
When a vehicle is purchased on credit for a husbands company by his wife and the husband does not make the payments who's responsible?
The wife is responsible as she was the one who signed the credit contract.
Can your car be repoed if you are not behind on payments?
Technically yes - the vehicle can be repossessed if you are 'in default' of your obligations under the contract. So while the usual way to default on the contract is by missing payments, it is possible for you to be in default by another way, outlined in the contract you agreed to.
If someone made payments to purchase vehicle and to pay remainder of balance when picking up the vehicle then changes mind is there a refund owed on payments?
No. You are not entitled to a refund if you made payments toward the purchase of a vehicle. In truth, if you signed a contract to purchase the vehicle, that vehicle is now secondary to the contract, you could still be held responsible for the balance of the loan, whether or not you still have the vehicle.
When can a car be repossessed in Texas?
In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.
How does one form a contract hire?
A 'contract hire' is a term typically used on the UK to describe an operating lease for a vehicle which is to be used by a business. The details vary from company to company but all will be outlined by the dealership.
What are the terms and conditions of the vehicle payment agreement?
The terms and conditions of the vehicle payment agreement outline the details of how the vehicle will be financed, including the interest rate, payment schedule, and consequences for late payments or defaulting on the agreement.
What are the benefits of a personal contract purchase plan for purchasing a vehicle?
A personal contract purchase plan offers lower monthly payments compared to traditional financing, flexibility at the end of the contract to either buy the vehicle, return it, or trade it in, and protection against depreciation as the vehicle's future value is agreed upon upfront.
What are the benefits of choosing a personal contract purchase for financing a vehicle?
A personal contract purchase offers lower monthly payments compared to traditional financing, allows flexibility at the end of the term to either buy the vehicle or return it, and provides protection against depreciation.
When a vehicle is purchased on credit for a husbands company by his wife and the husband does not make the payments who's responsible?
The wife is responsible as she was the one who signed the credit contract.
Can a lienholder repossess a car if it is not in default but in the impound?
As long as you continue to make the payments, they would have no reason the instigate a repossession. When a vehicle is financed or leased, the creditor has an interest in the vehicle and rights under the contract you signed. If you are in default of the contract either by default in payment or otherwise (failure to insure or other terms) the vehicle can be repossessed.
If a financed vehicle is contracted with another person who is not making payments can it be repossessed?
If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.
Can a vehicle be repossessed because the payment is 15 days late after 4 years of payments and only 3000 dollars owed?
If you are in DEFAULT of the contract, the collateral can be repoed.
Can a co-signer take possession of a vehicle if the payments are a few days late?
It depends onwhat's in the contract. * The co-signer would need to be on the vehicle title as a co-owner or a lien holder before they would be able to take possession of the vehicle.
