Repossession

The same as if a Georgia dealership, or Michigan dealership, or Massachusetts, New York, New Jersey, Virginia, or a dealership from any other state cannot do so. Actually it is not a question of the dealership, it is a question of what the lender will do. The lender is the party that accepts the risk of loaning you money to purchas a vehicle. If they determine you are not an acceptable risk, then the dealership cannot sell you a car. The dealership has no liability to you.

When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in any way, your creditor may have the right to repossess your car. Talking with Your Creditor

It is easier to try to prevent a vehicle repossession from taking place than to dispute it afterward. Contact your creditor when you realize you'll be late with a payment. Many creditors will work with you if they believe you'll be able to pay soon, even if slightly late. Sometimes you may be able to negotiate a delay in your payment or a revised schedule of payments. If you reach an agreement to modify your original contract, get it in writing to avoid questions later. Still, your creditor may refuse to accept late payments or make other changes in your contract and may demand that you return the car. By voluntarily agreeing to a repossession, you may reduce your creditor's expenses, which you would be responsible for paying. Remember that even if you return the car voluntarily, you're responsible for paying any deficiency on your credit or lease contract, and your creditor still may report the late payments and/or repossession on your credit report. Seizing the Car

In many states, your creditor has legal authority to seize your vehicle as soon as you default on your loan or lease. Because state laws differ, read your contract to find out what constitutes a "default." In most states, failing to make a payment on time or to meet your other contractual responsibilities are considered defaults. In some states, creditors are allowed on your property to seize your car without letting you know in advance. But creditors aren't usually allowed to "breach the peace" in connection with repossession. In some states, removing your car from a closed garage without your permission may constitute a breach of the peace. Creditors who breach the peace in seizing your car may have to pay you if they harm you or your property. A creditor usually can't keep or sell any personal property found inside. State laws also may require your creditor to use reasonable care to prevent others from removing your property from the repossessed car. If you find that your creditor can't account for articles left in your car, talk to an attorney about whether your state offers a right to compensation. Selling the Car

Once your creditor has repossessed your car, they may decide to sell it in either a public or private sale. In some states, your creditor must let you know what will happen to the car. For example, if a creditor chooses to sell the car at public auction, state law may require that the creditor tells you the date of the sale so that you can attend and participate in the bidding. If the vehicle is to be sold privately, you may have a right to know the date it will be sold. In either of these circumstances, you may be entitled to buy back the vehicle by paying the full amount you owe, plus any expenses connected with its repossession (such as storage and preparation for sale). In some states, the law allows you to reinstate your contract by paying the amount you owe, as well as repossession and related expenses (such as attorney fees). If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession. The creditor must sell a repossessed car in a "commercially reasonable manner" - according to standard custom in a particular business or an established market. The sale price might not be the highest possible price - or even what you may consider a good price. But a sale price far below fair market value may indicate that the sale was not commercially reasonable. Paying the Deficiency

A deficiency is any amount you still owe on your contract after your creditor sells the vehicle and applies the amount received to your unpaid obligation. For example, if you owe $2,500 on the car and your creditor sells the car for $1,500, the deficiency is $1,000 plus any other fees you owe under the contract, such as those related to the repossession and early termination of your lease or early payoff of your financing. In most states, a creditor who has followed the proper procedures for repossession and sale is allowed to sue you for a deficiency judgment to collect the remaining amount owed on your credit or lease contract. Depending on your state's law and other factors, if you are sued for a deficiency judgment, you should be notified of the date of the court hearing. This may be your only opportunity to present any legal defense. If your creditor breached the peace when seizing the vehicle or failed to sell the car in a commercially reasonable manner, you may have a legal defense against a deficiency judgment. An attorney will be able to tell you whether you have grounds to contest a deficiency judgment.

Diablo- V12 Murcielago- V12 Gallardo- V10 Countach- V12 Miura- V12 california-V14

grand theft auto- Every person who steals, takes, or drives away the automobile of another with the specific intent to deprive him/her permanently of his/her property is guilty of the crime of grand theft of an automobile in violation of Penal Code section 487h.

if you hide the car, you have just commited grand theft auto. this is a felony, punishable with imprisonment in the state prison for 16 months, 2, or 3 years.

However, if a person is convicted of more than one grand theft auto offense, the punishment increases to imprisonment in the state prison for 2, 3, or 4 years and/or a fine up to $10,000. This enhancement applies to the following vehicles, as defined by California Penal Code Section 666.5:

Dealerships take in to account more things when selling a car:

•Most dealerships will perform an inspection of the vehicle as per the company's quality standards. The dealership's reputation is on the line if they sell a lemon, so it is in their best interests to inspect before putting up for sale

•Operating costs (land, rent, utilities, labor, etc.)

•Dealers fees including taxes, license, registration, emissions, and documentation fees.

Try to simplify the hassle by getting an Out-The-Door price (i.e. the total amount, not an itemized list of fees/prices).

There are thousands of used car auctions in the U.S.

Several companies make 8-passenger SUV and Minivan options, including the Honda Pilot, Toyota Sienna, and Saturn Outlook.

NOT. Good try though. LOL

210hp The 1998 Crown Vic police package has the same engine as the civilian model. The civilian model equipped with the HPP/sport package (which adds dual exhaust) has the same horsepower rating as the "police" package. Base models have 190hp.

Yes

There are a number of auction houses that have contracts to auction off seized vehicles.

Cars are seized for a number of reasons. They could have been a problem vehicle on public roads for instance the driver wasn't insured. You'd be surprised at some of the cars to be found at police seized car auctions.

Other vehicles that come up for auction are seized under the proceeds of crime act and yet others are sold through bankruptcy and liquidation auctions.

The issue is that very few of these sales are advertised so you will need to find a quality, legitimate auction directory that regularly updates their listings.

For more information, see Sources and Related Links.

Try asking the question a different way.I have been in the business for a long time and have never heard of substitute plans.

When the car gets back to the bank, its sold and the debtor owes the difference between what it sold for and the outstanding balance on the loan. IF it sells for more than is owed, debtor has to pick up the check for the surplus.

There are no differences between a voluntary repossession/relinquishment of vehicle by the borrower and the forced repossession/recovery by the lender, except for some of the repossession costs such as towing.

FYI, a bank will not allow you to return the vehicle in the sense that you can "drop it off" somewhere.

You can "own" a car as soon as your born. But, ( yes that magical word) you can't opperate it until you have gotten a permit. And cant drive it on your own until you have gotten a license. Which takes a couple months after you get your permit.

Yes! Better make sure you hide all the vin numbers and remove your plates:) Seriously hiding the vin will make no difference, only make it harder for the repo man to id.

I assume by "financed" you are NOT referring to a leased vehicle but one purchased with a new-car loan. I also assume the vehicle is still pretty new and has very low miles, which is why you mentioned "returning" it. Basically, you cannot return a vehicle. It's not like buying and returning merchandise from Wal-Mart. You must sell the vehicle. The dealer from whom you purchased it might be willing to buy it back, if it's like new, or perhaps you could trade it in for a different model.

Yes, make sure there is nothing wrong with your car. Also get a letter of apology, just in case it shows up on your credit report later.

Guatama Buddha told his followers to not just do whatever he told them to, but to listen to his teachings and then meditate on them, and come to the truth about the best way to act themselves. So there aren't really Buddhist "laws", although many cultures which are predominantly Buddhist have laws based on Buddhist concepts. The Buddha did offer some precepts that guide how we should behave in order to more skillfully find our way to enlightenment. The most basic of these are: Don't kill. Don't steal. Don't engage in illicit sex. Don't speak divisively. Don't speak abusively. Don't engage in idle chatter. Don't tell lies. Abandon greed. Abandon ill will. Cultivate right views. ----------------------- Everything above sounds good – it’s more complicated when you become a parent though. “Make it beautiful or make it worse,” – Master Qing Hai (just this past Sunday). When I was a kid, I thought I would be untouchable as a Buddhist – there was no bad side; wrong! – sometimes people can be awake but still sleeping – Understand that Buddhism battles darkness and evil, but sometimes people become “fallen”. Think about it – there are STD’s, computer viruses, cancers – that’s pure evil… Oh, and I already listened to the Grateful Dead, so… this is a 29 year-old caucasian American, saying… there you go!...

Ref: Website of Hershey Energy Systems Triplen Harmonics - The triplen harmonics, in alternating current power systems, are defined as the odd multiples of the 3rd harmonic (ex. 3rd, 9th, 15th, 21st etc.). Triplen harmonics are of particular concern because they are zero sequence harmonics, unlike the fundamental, which is positive sequence. The consequence of this fact is that the magnitude of these currents on the 3 phases are additive in the neutral. Edited the original to add: ", in alternating current power systems, "

When you lose the bill of sale the first step would be trying to locate the owner. If the owner can not be located, the following step would be to file for abandoned title.

Advertise the car "As Is". Tell the buyer he is buying as is. When you sell the vehicle have the buyer sign a form you have typed up stating the car is being sold "As Is" with no warranty whatsoever, either verbal, written, or implied. Keep that piece of paper for 7 years.

You have several issues here. If you plan to drive the car in California it must be registered there, but your Military stautus exempts you from certain fees. If you plan to drive the car straight to Florida you may obtain a "One way Trip" permit from the DMV. On arrival in Florida you must register the vehicle there. DMV forms may be downloaded off the DMV website. You may be required to also submit copies of "Proof of Insurance" and Current Smog Certificates,Some States require a Weight Certificate (except Deisel motors) If you bought the car from a Dealer they can handle all these requirements. If you bought from a private Party you may be required to go to the DMV to obtain and pay for the oneway trip permit ($15). Another avenue is CSAA as they offer their Members DMV Registation services, but you may be required to go to there inpection station. Good luck

They can "suggest" anything they think you will go for. It doesn't sound like a very smart deal to me. But it will be YOUR credit that gets messed up for a few years.

Legal or not, it's a shady statement. Which tells me it's a shady dealer. Instead of buying a car from them, call your state BBB (Better Business Bureau)and report this, that way if they have already been reported in the past, it can be dealt with accordingly. As last person that answer stated, it's your credit on the line. Do NOT leave it in the hands of the greedy...

Yes, if the lender approves of the transfer of the loan.

Most states have a "quick title" or otherwise known as abandoned vehicle title service through the vehicle registration department in your state. They should be able to advise you. Another way to find out is to call a salvage yard and see hoe they title abandoned vehicles. You can use a lean-sale company to initiate a lean on the bike in lieu of theoretical storage fees. When the bike defaults the lean it is issued a new title in the lien holder's name (you.) For expensive bikes it takes about 3 months. For less expensive bikes it takes about a month. The lien sale company charges about $75-$100. You can also initiate the lien yourself but the process is a little more difficult. The waiting period is to see if the actual owner of the property steps up and claims the bike, or contests the lien. They send notification to the address on the last title holder. If the bike has been out of the system for more than 5 years (California), registration information is dumped,k but they should still have the title holder on record. You still have to go through the lien sale process even if the bike is not registered with the state.