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What else can I help you with?
Can the bank come back to you for the difference of the loan after the car has been repossessed and auctioned?
yes they can...but it also depends on state laws too
How can one claim a deduction for a car donated to charity?
A person can claim a deduction for a car donated to charity depending on whether the car was auctioned off or given to a needy person. If the car was auctioned, the deduction can only be the amount the car was auctioned for. If the car was given to a needy person for no cost, you can claim a deduction for the fair market value of the car.
Can I sell car parts at auto auctions?
Yes, we can do this in Amazon or eBay sites where it gets auctioned. We have to give the details in eBay and they would help us get the car auctioned.
Can you file the balance that you owe the bank after your car has been auctioned on your Christian Credit counseling?
read the info from CC that you should have to see if "def. bal." is covered. OR call CC.
How do you Buy Auctioned Cars and Save Money?
To buy auctioned car and save money you will have to go to the auctioneer and bid at a lower price.
When a car is paid off can you refinance your car again?
The only bank I know of that allows you to do that is DCU which is a Massachusetts bank. So I know it can be done.
Which is the most expensive car auctioned?
A blue AC Cobra. $10,000,000.
Do I get money for car being auctioned off?
Yes, if you own the car being auctioned, you get the proceeds of the sale, minus the auctioneer's commssion. No, if your car was repossessed and auctioned by the lender, it would be rare that the proceeds, minus the auctioneer's commission would exceed the amount you owed on the loan. However, if it did, you would get the remainder. On the other hand, if the auction doesn't cover your loan, then you could still be sued for the remaining payments.
How do you build a flying car?
how the hell am i suppose to build a flying car how the hell am i suppose to build a flying car
After a car is repo can the finance company sell it back to the dealer you bought the car from or is it suppose to be auction off?
Normally it is not auctioned off but it can be. Normally they accept bids on it. The lender owns the vehicle and can sell it to anyone they wish, even the dealer you bought it from. You have no say in who they sell it to, and you are also going to be responsible for the difference in what it sells for and what you owe on it.
In Wisconsin how do you get a reposed car back?
If the car has been auctioned off after you got notice of the auction and how much you needed to pay to get it back, you can't get it back. If you are lucky, you may be able to get some of your personal property from the car back. If it has not been auctioned, you can pay the amount owed or file bankruptcy.
Can you return a car if you can not pay it anymore?
Yes, but this will only help you avoid repo charges. your car will then be auctioned, and the difference between the auction price and what you actually owed the bank, will be the amount of $ the bank will demand from you. After turning the car in it may take upwards of 6 months before you hear anything from the bank, but rest assured, they will come for their money. Sure you can. It will also ruin your credit for 7 years. You will also pay the difference in what the lender sells the car for and what you owe. Don't do it. Work something out with the lender.
