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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
Does a cosigner have legal rights to a vehicle if his name is not on the title?
It depends on local/state laws and what the original contract stated.
What is the most affordable car on the market?
In terms of price and fuel economy, I would advice that you check out smaller cars. They are affordable and can give you a good mileage. A good example for this are the Smart Cars. Though small, it can give you a good mileage, its cheap and it scored 5 stars in its safety/crash test. You may consider other smart car lines. Make use of cars classifieds found online if you are searching for used cars. Compare car values and pricing to get the best car deal.
How old do you have to be for the title to be under your name?
As with all things legal you must be 18 to sign any binding contract. This includes owning a vehicle, and therefore, having just your name on the title.
How do you best organize your car?
I suggest keeping a container of some sort (i.e. plastic crate) in the trunk that contains emergency items. I suggest keeping another container in the trunk that contains car cleaning and/or maintenance items. In the cabin itself, keep the essentials (umbrella, car manuals, notepad and pen, etc.) in the glove compartment. Keep your sunglasses and CD's in one of the cubbies by the driver's seat.
Must you get service work done from the car dealer to maintain the warranty?
Routine maintenance can be done anywhere providing you keep a record of services performed
Why wouldn't a 1993 Lincoln Town Car crank?
I would check, in order: Dead battery
Poor battery connection
Poor starter connection
Starter solenoid
Starter motor
How long do I wait to sell an abandoned car in Iowa?
You will need a clear title in your name before you can sell it.
Why do you not fill a gas jug in the back of your vehicle?
static electricity builds up from the movement of the gas through the line. since the can is in the back of the truck it has no place to discharge. the vehicle is insulated because of the rubber tires. so if you ground the nozzel somehow. it could cause a spark and ignite the fumes from the nozzle or tank. if you fill it on the ground the static charge that is being transfed or built up. will displace into the ground.
Do car transporter trailers have suspension?
Yes, it is the same type of set up that you would fine on any other commercial trailer (Airbags and shock absorbers)... It just harder to spot because these trailers are so low to the ground
What happens if you are in default on a car title loan?
The creditor reposseses the car, and you take the bus.
No. He must voluntarily sign the title over to you.
No. He must voluntarily sign the title over to you.
No. He must voluntarily sign the title over to you.
No. He must voluntarily sign the title over to you.
How do you obtain a title for an abandoned motorcycle in Maryland?
find the owner that has the title.
if not available you would either need a bill of sale or lien sale.
the owner must be contacted but if no response I believe it can be yours.
double check with your dmv
Call Geographic Services Inc at 214-727-0148. They have helped me many times and have done a great job.
The seller could be guilty of fraud, and likely sold the vehicle for less than he owed, or did not apply the purchase amount to the debt. Let him know that you are pressing charges for fraud, and he needs to contact the lien holder to correct the matter and surrender the title, or go to jail.
What is the catch in buying repossessed cars?
The biggest turn-off when buying Repossessed Car:
As you already know, Repossessed Car Auction is a great way to buy your new car or other types of vehicle (boat repo auction, RV repo auction, ...); however, it seems almost too good to be true, because the price is very low. The catch lies in the fact that Repossessed Cars were taken from their previous owners by the government, so they are basically used cars. Therefore, you must take all the steps necessary to find out about the history or the damages of the repossessed car yourself.
Why you should still go for Repossessed Car:
The easiest answer is: because it is very cheap. Normally, you can find one at as low as $200. Furthermore, even though repossessed cars have been used, they were taken away because their owners couldn't pay the bills, not because they were damaged or got into accidents. Thus, most of the times you will find very good repossessed cars that are perfectly normal and usable. Still, remember to check its history and VIN number! Also, remember to visit websites like www.vehicleshq.com to prepare your knowledge before going to a real repossessed car auction.
You don't know what state the car is titled in?
Get a carfax report. It will show where it is registered.
http://lis.njleg.state.nj.us/cgi-bin/om_isapi.dll?clientID=6507825&Depth=2&depth=2&expandheadings=on&headingswithhits=on&hitsperheading=on&infobase=statutes.nfo&record={3E10}&softpage=Doc_Frame_PG42 The lender should be able to give you this info. It will likely be at a wholesale car auction for dealers only. You need to read the CONTRACT you signed. You will likely be responsible for the balance due on the loan.
Can a co-buyer move out of state with car?
A co-buyer can move out of state with car as long as car payments are current. The co-buyer should update the new address with the lender.
Where would you look for a private seller who has a Cyclone or Typhoon for sale?
You could try Autotrader.com or eBay.com both of which are eBay companies. You can also look at other national car sites. You can also go to a site called searchtempest.com and they can do a search of a lot of sites including craigslist which will get you all kinds of private listings.
Can you return a demo vehicle that has a FULL warranty?
If you bought the vehicle you cannot return it period. The Buyers Remorse law does not apply to the purchase of a vehicle.
How can you find out where your repossessed car is so you can retrieve your license plates?
Contact the dealership where the car was purchased. Their should be someone in the collections department that will know where your car is. It is probably in a tow lot.
Can you be on a car title without being on the loan in nc?
Yes. You will usually have to sign as (owner of collateral other than a borrower). This will protect the financer in case the loan goes into default.It simply saysyou understand the car is being held as collateral for the loan& if the person on the loandoes notpay, you are giving up your right in the car & they can pick it up& sell it.I do not know if all finance companys allow this but all credit unions I know of do.
Can a company take possession of your vehicle if it is on private property?
Also the repossession agency is not allowed to cause property damage in order to take possession of the vehicle,such as if the vehicle has a chain/cable wrapped around the rear axle secured to a pole with a padlock..They can not cut the chain/cable or the padlock because doing so is malicious destruction of property....
Where can you get the fair market value on a used utility trailer?
Young Wells Cargo Layton Utah 590 North Main Randy Taylor
