If the repo-man is looking for your vehicle, you do not own the vehicle yet. If you take the vehicle in for trade-in, they will have to contact the person who owns the vehicle to get permission to trade it (meaning whoever loaned you the money). Whoever they call is bound to mention that they are in the process of repossessing your vehicle. In alot of cases you need ownership of the vehicle and only a title can prove that to trade in a car.
No, you no longer have anything to trade (the car is now the property of the repo company not you).
when repo man repossess the car and was in an accident before you can get it back, what happens
2 payment
Perhaps, it depends on the repo company's policy.
Contact the lender they are the ones who call off the repo.
60 days
No, the car has a lien on it. You cannot legally sell without a lien release from the lender. Be careful, you will get into serious trouble trying this. You can sell the car if the lender agrees but if they are trying to repo it i doubt they would agree to a sale at this point.
Depends on the lender. Legally, one!
Will i be able to purchase another car later on if my car is repo
as long as you are in DEFAULT of the contract, they can repo the car. Dont forget the time element involved between you paying up and the repo co. being notified that you did pay. Have your reciept ready to show the repopeople that you DID pay and WHEN.
can my car be repo 38 day's in default?
Very simple, CALL THE LENDER with money in hand ready to make the trade. Good Luck