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Repossession
Seizure of property bought on credit for which loan payments are not being received. Please note that when asking a car repossession question, it is often useful to include the state that you live in. This will enable people to give you better answers.
11,694 Questions
Do you have to go to the hospital if you get battery acid in your eye?
Most vehicle batteries use Lead-Acid batteries, and the electrolyte in the battery is SULPHURIC ACID. Sulphuric Acid is HIGHLY CORROSIVE to body tissues, AND can do serious permanent damage, especially to the eye tissues.
If one gets battery acid in the eyes, or anywhere on the skin, I strongly recommend immediately beginning to "flush," rinse the affected area with copious amounts [LOTS] of clean, cool, fresh water, while at the same time calling for the EMTs [in the USA, most people can simply dial 911 to summon the EMTs].
If emergency medical assistance is not available, then immediately begin the flushing procedure, and call your doctor for advice, and/or go directly to your local hospital emergency room as quickly as possible.
Can you return a financed vehicle?
Yes. This is called a "voluntary repossession". You're still responsible for the entire amount of the loan, so if the car is worth less than the remaining loan amount, then you'll have to make up the difference. Also, it's still a repossession, even though it was voluntary, and will appear on your credit. If you're not late on the payments yet you may do better to sell the vehicle yourself and use the proceeds to pay off the loan, as this won't ding your credit.
You can be sued depending on the terms of your contract. All that "surrender" means is that you gave up the car without a fight. It does not necessarily mean a cancelling of a contract.
Whom ever signed the CONTRACT is the one(s) who owes the money. Pink slip doesnt count when it comes time to pay.
Were you in DEFAULT of the contract the car was collateral for? If so, not much to do about the repo except pay up. Obviously, the "not licensed" part didnt bother you when you bought the car. Call a local attorney for state specific advice.
In many states, notice of repossession is not required. The licensing of the seller is neither here nor there, because that does not affect the fact that you owe him a debt. There may be laws regarding your rights to reclaim the car after paying the back payments and costs of repossession.
In a divorce what rights does one party have to repossess a vehicle?
Here are some reasons: If you are the one that has made all the payments and it's in your name then your mate has no right to it. If there are two vehicles during the time of the divorce you are each entitled to one of those vehicles. If you haven't been making payments on a vehicle and it's a joint loan your mate can take the car. If you and your mate owe debts, then the debts must be paid off and any banking instiution can repossess your house to your vehicles and other things of value to make up for that loan. This also includes the IRS!
And your question is?
None.
Are you entitled to pay for a car if it is a lemon and the dealership does not have the title?
I would not buy or pay for a car form anyone who did not have title to the car. The car may have been stolen.
How do you buy a car without money?
you can't! unless you win the lottery.chance: 1 out of 56 million
What should you do if your car is a lemon?
- Contact your state or local consumer protection office for information on the laws in your state and the steps you must take to resolve the situation;
- Give the dealer a list of symptoms every time you bring it in for repairs; keep copies for your records;
- Get copies of the repair orders showing the reported problems, the repairs performed and the dates that the car was in the shop; and
- Contact the manufacturer, as well as the dealer, to report the problem. Some state laws require that you do so to give the manufacturer a chance to fix the problem. Your owner's manual will list an address for the manufacturer.
Here are more answers and opinions from other FAQ Farmers:
- This term is generally not understood by the public. Example: A bad tire, then the AC goes out followed by a piece of moulding coming loose. While frustrating, these different problems do not fall under the "Lemon Law". It has strict guidelines to protect dealers from spurious claims. Not an easy process as the paperwork is tedious and specific. Once the vehicle has been deemed a lemon, a complicated formula is used to pro-rate another vehicle sale.
The most important part of recouping money for your claim is documentation.
If you give back a car on credit does this end the agreement?
IT DEPENDS ON THE BALANCE OWING ON THE CAR,THE RULES OF YOUR CONTRACT AND THE CONDITION OF THE CAR RETURNED. MOST FINANCIAL INSTITUTIONS WILL AUCTION THE VECHILE AND PLACE ANY MONIES RECEIVED FROM THE SALE TOWARDS THE BALANCE OWING. IF THER IS STILL AN AMOUNT OWING, YOU ARE STILL LIABLE TO PAY THAT AMOUNT.
Legally, sure. But, there must be someone present to transport the vehicle and or drive it. Then the car would have to sit until able to be registered, that is unless your state has a law against unregistered vehicles like mine does. I would just wait until you are of age to drive and have a license before worrying about purchasing a vehicle.
What car brand is the most sold in the world?
Toyota.
The biggest car COMPANY in the world is GM, but they only have about fifty brands of cars, including Chevrolet, Buick, Pontiac, Holden, Opel...it's kinda hard to be the "most sold brand" when your company's brands are regional. Every country sells Toyota cars. the most sold car in the history of cars is the Toyota corrola!!!!!
What does it mean to buy a belt?
belt for you car. Timeing belt for power steering, fan clutch, ect...
Can you sell a car that is not paid in full?
In some cases you can it depends how much you owe but it is not the best choice because maybe that person can owe more money to you.
What could be damaged when a car is 'bottomed out'?
If you have a late model Audi A4 or A6 or a VW Passat, it is possible to crack the engine oil pan and/or the transmission housing/case. If you have an older Chrysler FWD sedan, it is easy to put a hole in the engine oil pan.
On many RWD and 4WD vehicles, the rear differential and the transmission are in danger if you high-center.
On almost any vehicle, you can do damage to suspension, tires, rims, wheel bearings, exhaust system and in a severe situation, the frame or body. == == Kinda hard to say, one theory is a exhaust tube opened up and that could explain the hissing and exhaust smell, if the o2 sensor was damaged it may also explain the hesitation. You need to have someone look at it, your symptoms that you explain can be interpreted in more than one way. My guess is it will cost $207.92 to fix, post what it does end up costing. bottomed out is when the shock absorbers are completely compressed and the car cant go down anymore, it usually happens when putting large amounts of weight in the car or "landing" hard. usually it wont have any effect on anything but it sure wont feel good or if the car is low or dropped down for effect..you could hit your transmission, oil pan...both very bad..transmission (major $$$) oil pan- all oil leaks out, impossible to drive, crankshaft damage and maybe fatal engine damage too.. frame damage, drivesghaft.. well tranmission and if its rear wheel drive hit ur driveshaft. i had a 2000 ford windstar and i went airbourne and landed hard and broke the transmission and the whole equast system tore out it cost 4,598 dollors to repair
89 trans am gta pace car with air inducted ls1 running hot 225 what is the average temp?
another great way to tell is to ask your parts counter person what the temp setting is on your thermo stat that way you get the right one for your computer
AnswerOKAY I UNDERSTAND YOUR QUESTION, I HAVE ONE AS WELL, ALL TRANS AM'S RUN A LITTLE HOTER THEN MOST CARS, 220'F 225'F IS ABOUT RIGHT FOR IT TO RUN THAT HOT, NOW YOUR ELECTRIC FANS SHOULD KICK ON AT 225'F. I HOPE THAT HELPS.that really helps olot
What activates electronic engine management systems on holden rodeo turbo diesel ute?
How do you turn off the electronic engine management systems light indicator
on the dash
The way I would "get myself out" of that deal is to call the bank who financed the car, tell them you don't have the down payment money and don't want the car. The dealer will probably let you out of the contract. Banks don't want repo's and it reflects badly on their business partner, the dealer.
there should be an actuator on the transfer case and on the front diff
Answerthere should be an actuator on the transfer case and on the front diffthe encoder motor(solenoid) is on (I think) the passenger side of transfercase
Vacuum Switch with vac.lines is on the drivers side kinda of at the top of transfercase, there is a relay behind glovebox(for the push button) and there is a Vacuum Actuator under the battery box with a vacuum line on one end and a cable on the other that runs to the front diff. When you push your button you can actually hear the encoder motor and also the relay behind the glove box. I personally have had problems with the vacuum switch and the vacuum actuator. O.K. not sure if you can clean the encoder motor. They can actually seize up from not being used. I personally use my 4X4 all year (down gravel road, driveway or across yard) to make sure the encoder motors stays functional (these are very expensive)
Cars are an assembly of parts most often from suppliers scattered across the country and often the world. The parts for the cars are made at supplier factories then shipped to the car company's assembly plant where they are assembled into the car you drive.
One supplier might make the seats or other interior parts, another makes the wheels, another the tires and so on. Generally the assembly starts with a car's frame, to which the engine, suspension, steering, brakes, transmission and other frame parts are attached as the frame moves down the assembly line. At each stop on the line other parts are added.
The body also moves down an assembly line where first it is rustproofed then painted and next all the windows, body panels, handles, interior and other body or interior parts are added.
As the frame and body near completion they flow to a station where they are joined and all the electrical and fluid connections are made and the car finally rolls off the assembly line as a full vehicle which is then shipped to your local dealer.
Cars take a lot of time and engineering on many different areas involved in vehicles. It probably takes 2 to 4 years to design, test, and begin the production on an assembly line. Once designs, safety, and financing is approved for a car is built and then it is sold at a dealership. The manufacturing process is almost as much of a project as designing the car. It has to be engineered just like anything else and advancement in robotic technology helps almost completely automate the process. Then cars are shipped off to dealers after being completely and sold to customers.
most of the time both parties are the legal owners
WHEN A FINANCE COMPANY CHARGES OFF THE ACCOUNT, YOUR VEHICLE IS STILL OUT FOR REPO, THEY JUST TOOK THE FIRST STEP IN THE PROCESS OF GETTING A COURT ORDER TO GET THEIR PROPERTY BACK AND BY THE WAY.... YOU PAY ALL THE LAWYER FEES AND COURT COSTS.... LIKE IT OR NOT. IF YOUR OUT FOR REPO GIVE IT UP, IT'LL BE CHEAPER FOR YOU. NEXT QUESTIONS BANKRUPTCY? AFTER A JUDGEMENT IT DOES YOU NO GOOD
ANSWER
They can try, a "charged off" account is just written off the books and an uncollectable debt, it does not mean you own the car, it just mean that the finance company or bank no longer considers it an asset. If there is not a body attachment, which are rarely given, and you need the car, try and work something out with the finance company. You can put a charged off debt or judgment in a bankruptcy.
Can you insure your car in your sisters name?
Yes. But it is going to depend on what company you are with. Not all companies allow you to insure a vehicle if it's not in your name. The company that I previously worked at did allow it.
You had to add an "Owned By Endorsement" to your policy. They will run the driving record of you and the owner, in this case your sister. They might possibly rate for your sister also, if she is not rated on another vehicle policy or if she lives in your household.
So I would definitely look into it.
