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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
What is the average cost to repossess a car?
There is no set fee for a repo. I charged 375.00 per car if it was a good address. 150.00 and up if i had to locate the car. and 1.00 per mile both ways. so a repo could cost 375.00 to 1500.00 easy.
This varies by state, company, and voluntary repo vs involuntary repo.
I have paid up to 250.00 to have a car taken when the person didn't want to give it up, plus other fees to try to find them, but I have paid 75.00 to have a guy knock on the door and tell the person they were there to repo the car and the person gave it up. Basically just a tow bill.
One repossession company in San Diego charges as follows. This is for repo and for impound. $75 for hookup $75 for leaving property $35 per day for storage including day picked up $75 extra if picked up on weekend.
so, if your car is impounded on a Friday afternoon, and you pick it up Saturday morning, you are charged: $75 for hookup $75 for leaving property $70 for storage including day picked up $75 pickup on weekend $295 total. and they had the car less than 24 hours.
Car Repossession AnswerThis is how much I was charged from the Repo company in Pittsburg in California.Repossesion fee : $350.00 Storage fee(14 days) : $280.00 Vehicle clean out fee : 25.00 Storage Fee for 2 b: $30.00
Total $ 825.00
They came 3 o'clock inthe morning to repo and I gave them a key.
They did not ask me to clean up my personal belongings. Since there were no important belongings in the car, we did not think about removing those.
Where can you find NYS law on car repossession and recovery of personal property inside the vehicle?
Briefly, if they(the bank via repo guy) have the car its theirs until you bring your account current and they give it back but they are not entitled to your personal property or the plates. The repo guy will try and charge you bogus storage fees(for your p.p.) and try to get you to sign a wavier which absolves them and the bank of any and everything to do with the repo.This includes a statement that all of your p.p. are there so if stuff is missing(repo guys steal )or your car is damaged it makes it harder to sue.They will want you to sign it before you see your car or p.p. Do not sign !!!!!!!!!!!!!!!!!!!! Another question you need to ask is do you want the car back? If you do want the car back you have little choice but to pay the extortion because each day that goes by is another $100.00 to store the car. If you do need to sue remember sue the lender not the repo guy.
A vehicle is a secured debt, therefore bankruptcy action would not reverse the repossession. Bankruptcy only places a temporary halt to repossession or foreclosure of secured property. The only option available to the borrower to recover a repossessed vehicle is to reaffirm the lending agreement or make some other type of settlement with the lender.
It is the device which houses the wheels bearings, and holds the wheels studs. On a car with drum brakes, it also has the drum attached.
What car takes a 72 inch driveshaft?
1990 Chevy 1/2 tone regular cab with the 8-ft. bed and the 5.7L 350 takes a 72in. dirveshaft. That measurement is from end to end, not yoke to yoke. It's 64 and 3/4 weld-to-weld.
How do you sell a car privately?
You just sign over the pink slip and write out a bill of sale. AFTER you get the money ...if it is ANYTHING other than cash ...cash it first then wait till the bank clears it...as they may give you the cash and tell you some days later that the check or money order was FAKE. Good luck.
How old do you have to be to buy a car in Massachusetts?
You have to be 16 to buy a car in Massachusetts. You will need to title and insure the car in your name.
You guaranteed to pay the loan if the primary borrower does not. That is what a cosigner does. The lender is going to be looking at you for their money.
When did all cars come with windshield washers?
The manual windshield wiper was patented in 1905. The first wipers were mechanically operated by hand. Automatic wipers were invented in 1921. Wipers were standard on all cars by 1916.
Is it legal for a bank to hold a title to a vehicle that is paid for?
It is illegal for a bank to hold onto a title for a vehicle once a typical deadline for funds to clear for payment of said title has cleared. Contact your local attorney general and state government banking institution that governs bank licensing and file a complaint. They should notify you in writing as to why you have yet to receive your title.
Leave the car where there are a bunch of cars stolen at, and leave the keys in it and the doors unlocked, then wait a couple of days and it should be gone.
Your best bet when dealing with an abandoned motor vehicle would be to call your local police department, and have them remove the vehicle from your property. They will contact the owner, or the last known registrant and notify them that they are in violation of state and local laws. Once the vehicle is in custody at the police impound, the owner will have a certain number of days to appear in court, or reconcile any pending fines related to the incident in order to reclaim their automobile. If the stipulations of the vehicles release are not met, the vehicle will be auctioned off, or destroyed. The owner will still be responsible for the associated fees and or fines.
The vehicle could potentially have been stolen, used in a crime, part of an accident, this is a situation where it would be best to let the authorities handle things.
Buying a car from a private seller and now he says he wants car back?
nope. to bad so sad. sorry. i have the deed, and for the right price it can be yours. my sentiments. my condolences. or just pretend you didn't get their message and scream at them about how the piston cracked throught the engine block and you want your money back.
How do you get an impounded car back in Illinois?
well You see it all depends on what the car was Impounded for if its for a felony offense they can keep it if they want to if it is a misdemeanor offense then you need to find out where your car is and then the police precinct that impounded it will have everything you need to know.
BETTER ANSWER** have someone fly it over
How do you sell a car with a lien on it?
If you sell it for the amount owed, it's little trouble. Just send in the payoff amount and a letter requesting release of lien status and the title. Once the financial intitution has finished it's paperwork, you'll get title in the mail (you can request it be sent express, but you'll have to pay for shipping). Then just sign it over to the new owner. If you sell it for LESS than you owe, you'll have to pay off the difference. The buyer doesn't want a car with a lien on it. It doesn't mean you have to pay it off out of pocket; you could use another form of credit (credit card, personal loan from the same bank, home equity loan, etc.). The bottom line is you have to pay off the loan to get the title, and you have to have the title to complete the sale.
Does the turbonator work on any car?
Absolutely not. The idea behind it is convincing - placing an item in your intake system that will cause the air to 'vortex' like a tornado, thus increasing the velocity of the air coming in and increasing horsepower and mileage.
However, we all know that placing something in the intake would obstruct air flow. And when air flow is obstructed, it slows down. Not only that, but an ECU from the factory is tuned for the stock air flow coming in. Messing with this doesn't help. In the end, you can conclude that this is a scam. Simply from the fact that they state massive horsepower and fuel economy gains for such a cheap price should make you ponder its legitimacy. Simply put, putting this on your car will only worsen things, not help.
If dealer Forgot to collect down payment?
Then he's a total plonker!
The finance company will chase you for it, they won't miss a thing, believe me.
Depends on the yr/make/model/engine/trans./ 2wd or 4wd...
Big blocks (460,454, V-10), 7-9mpg
the average small block V8 trucks are like 13-17(20mpg newer cyl. deactivation models)
4cyl.-v6 compacts- 17-25mpg
Can they move a car that is parked behind a car if the car is not their car?
You cannot move a car that is not yours from where it has been parked. You might have to look for the owner and let him remove the car.
If you're talking about repossession agents, they are NOT allowed to enter or move any vehicle other than the one they are there to repossess.
You can move that car if you want to go somewhere immediately you can call up a lifter and lift that car up and move your car.
What are the bad things that can happen to your car when you burnout?
many things can happen. first thing is wear out your tread prematurely. second you might break your drive shaft, u-joint or transmission or at least stress them. third you can overheat your clutch friction disk with stick shift and cause the clutch to slip. many costly things can occur when doing this so its best to accelerate only as fast as your car can without burning your tires
