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Yep, miss a payment or two and they will be banging on your door looking for their car.

When you missed that payment it became their car.

Addendum:Technically it never wasn't the lender's car. All lenders take a lien out on the vehicle. This is a special condition of ownership. The lender does not want the vehicle, they want the money you owe for the vehicle. However, if you stop paying, you will be lucky if the repossession agent bothers to knock on your door. Likely as not, you will wake up the next morning and wonder why your car is not where you left it. And, should you happen upon the repossession agent doing his job and interfere, he may leave the vehicle, but don't be surprised when it's gone the next time you walk out of Walmart of the Piggly Wiggly.
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14y ago

What else can I help you with?