Repossession

When there are multiple liens on a car, it is possible for either lien holder to repossess it. However, one lien holder is normally in the first position and the other one is in the second position. The one with his name on the title is normally the one in the first position and is the one who gets paid first when a car is repossessed, no matter who does the actual repossession.

If you call the Bank; Finance Company and let them know that you are going to return the vehicle to them. They tell you where you can drop the vehicle off and you deliver it to that place. That is a voluntary repossession. The only other thing would be if the Bank; Finance Company agrees to pick the vehicle up at your residence at no charge.

The buyer has to go to the bank with you, write the check to the bank and you and the bank will give them the title and give you the remaining money.

If you have a clear title, you car can't be repossessed. Either the title isn't clear or the leinholder believes monies are still owed on the car. If the title is clear, show it to the company authorizing the repossession. If you truly had clear title and there were no leins or other encumberances and a judge didn't declare that the car was to be sold to satisfy OTHER debts, you can sue for damages. If you didn't owe money to the people who had the car repossessed, you should be able to sue them for LOTSA BUCKS, and you definitely should.

Doubtful. Ask the seller if you can back out. He may agree, but if he doesn't you more than likely own this car. Call your state Atty. General to see if your state has a cooling off period for cars, which I doubt.

The letter that is written to a car dealership asking if they have a hardship program should ask whether or not they have a 'Buy Here, Pay Here' policy. Purchasers of cars that are bought under this agreement rarely need a credit check. A person only needs a steady job and a steady place of residence. They will pay a higher price in the long run for a vehicle, though.

Porsche is the world's most profitable auto maker and they make the most money. They were made popular mainly by sportiness, and the amount of people who stare and get jealous when they see you driving one. They also make the best cars in the world and 99/100 times every owner of a Porsche is satisfied.

My friend asked a 3rd party to sell his car it was a verbal agreement . However this individual breached said verbal agreement and swapped the car for a transit van this is tantamount to theft sad car.

My friend asked the 3rd party on various occasions to return the car and he never done so what is you views on this

The car title proves ownership. You cannot sell a or register a car without a title.

I signed a credit agreement and contract with a dealership however changed my mind the following day as another dealer who I had also visited contacted me with a better offer. At first the delaership refused to give me any money back (I had left a 200 deposit) however I kept on at them on the phone and I wrote to the general manager of the dealership who in the end agreed to give me my money back. So I would say legally they musnt be able to keep your money or I am sure the dealer would have done so in my case.

Cheap cars can be purchase in Minnesota by attending monthly auctions in Minneapolis and St. Paul. The auctions are usually at impound lots in the Twin Cities area and are held at least once every 30 days.

Legally, NO !!! can you, sure!! LOL

Are/were you listed on the TITLE as leinholder? Do you have a written contract listing the vehicle as collateral? If no to these two uestions, you should call a local attorney NOW.

IF they are in DEFAULT of a contract, you can repo the collateral for that contract,IF the contract specifies repossession as a penalty for DEFAULT. If the contract doesnt specify the penalties for default, then you should go to the replevin process. Consult a local attorney with your contract for state specific advice.

1st option??READ your contract. What does it say about repos? IF that doesnt make sense to you, contact a local attorney.

Front, grill, hood, bumper, etc

== == ANSWER. If your car is being repossessed all things inside the car go with the car. You can reclaim those things through your finance company. If anything is missing when you reclaim them your at a loss since you can't prove it was there. Also if it is connected to the car like rims, stereos, subwoofers, those will stay with the car and you won't be able to reclaim them. So if your behind on your car payments don't leave any valuables in your car, and take your stereo equipment and rims with you.

Dont understand what you mean by dealer wont repossess it. Usually when you default they want to come and get it so they can recoup monies lost due to non payment and continue to go after you for the unpaid balance. Now if you are trying to return it to the dealer , they should take it back but you still owe some monies for the length of time you had it and again for defaulting on the deal. You should keep records and dates of when and how you tried to return it, you probably can use some legal advice because the longer you keep it and not pay the worse your credit is going to get. The credit agencies do not know that you are trying to return it, only that your not paying on it. Look in the local phone book and call some lawyers to see if they can answer a question for you. The secretaries usually can tell you what type of lawyer you need. Some give consultations for free or a seriously reduced rate. You can also call your county court house and ask to speak to the public defender and see if they can guide you. There is also 1800lawyersand that's a phone line that can help you. Just keep good records of your attempts so in the future youll know how much you are responsible for.

Clarification on some points:

(1) A lender has no legal obligation to recover any vehicle that may result in a loss, this also pertains to a voluntary repossession, the lender does not have to accept the vehicle.

(2) Many lenders will not recover the vehicle but will instead sue the borrower (co-borrower or co-signer) for the full amount owed and all applicable penalties and legal fees.

(3) Credit bureaus deal with creditors only, they do not accept information from the consumer with the exception of a 100 word dispute letter which is placed in the consumer's credit file.

(4) Public defenders are only available to persons who are charged under criminal statutes and qualify under the income guidelines of the state and all public defenders are appointed by the presiding judge, they are not chosen by the person who has been charged. That being the case, the clerk of the court cannot assist in finding an attorney for an individual but in some cases will refer the person to the local legal aid society or other non profit legal organization.

A free US nationwide attorney referral service is offered on the website of the American Bar Association, http://www.abanet.org

As at the end of 2008, Oman had Ca 626,000 registered vehicles.

There is no average. A large car use a gallon every 15-20 miles, a small one might use a gallon every 30-40 miles.

Yes. Most used cars are not certified. You can also refuse to buy a car that is not certified. Certified used cars normally have a great warranty. Sometimes even better than a new car.

Depends on what arrangement you are able to make with the dealer.

You don't need an auction licenses to buy at an auction you need a dealer license to buy at most auctions. Contact your states department of revenue which typically handle dealer and wholesale licensing.

Youshould be able to just transfer ownership through the DMV. I'm guessing though. You might have to give him the car as a gift to get the registration in his name; it might involve the pink slip too.