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The dealership doesn't do anything. Its the bank you fiance the car through that takes action. Missing one is not anything serious but if you miss three or more in a row they will start calling you non stop and soon enough they will get somebody to repo it from your possession
What else can I help you with?
How can I trade-in a car with no down payment?
You can trade in a car with no down payment by negotiating with the dealership to roll the value of your current car into the new loan. This may result in a higher monthly payment or longer loan term.
What options are available for purchasing a car at a no credit, no problem car dealership?
At a no credit, no problem car dealership, you can typically purchase a car through in-house financing, which means the dealership provides the loan directly. Other options may include bringing a co-signer or making a larger down payment to secure the purchase.
What is the minimum down payment required for a car purchase with a 50 down payment?
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
Do you need a down payment for car insurance?
No, you do not need a down payment for car insurance.
How does the down payment affect the monthly payment amount when purchasing a car?
The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.
What will happen if your car down payment bounced and you made a particial payment?
The car will probably be repossessed.
What stuff do you have to pay when you are going to get a new car at a dealership?
You will need to pay a down payment when you get a car at a new dealership.
Can a car dealership repossess your car if they say you owe them more money for a down payment?
A dealership can only repossess your car if you do not pay in accordance with the sale agreement. If you did not pay the agreed down payment, the car may be repossessed.
How can I trade-in a car with no down payment?
You can trade in a car with no down payment by negotiating with the dealership to roll the value of your current car into the new loan. This may result in a higher monthly payment or longer loan term.
Can car dealership keep your down payment after returning the car?
It depends on how the contract was written. It also depends on the laws of the state and the condition of the car when it was purchased.
Can a dealership repo your car for stop payment?
Yes they can.
What right do you have in North Carolina if your automobile was reposessed because your check bounced?
It's almost unheard of for a car to be Repo'd because of one missed payment or bounced check, there has to be a history of non or late payment in order for them to take the car.
Can a dealership take back a car due to miss payment?
If you are purchasing an automobile can the dealership file a warrant for your arrest if you miss a payment?
What if a car is repossessed in error?
Take your papers down to the dealership and discuss it. Unless they picked up the wrong car, it is likely you missed a payment or so.
Are there websites that can calculate car loan payments?
There are websites that calculate your car loan payments. Most dealership websites have a payment calculater on there site that will allow you to enter your down payment amount and will calculate your payment after taking everything into play.
2 find a car dealership willing 2 take your trade in as a down payment and b able to make monthly payments for the remainder of car?
yes and no
What options are available for purchasing a car at a no credit, no problem car dealership?
At a no credit, no problem car dealership, you can typically purchase a car through in-house financing, which means the dealership provides the loan directly. Other options may include bringing a co-signer or making a larger down payment to secure the purchase.
