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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 best selling car color?

  1. White
  2. Black
  3. Silver
  4. Red
  5. Grey
  6. Blue
  7. Beige/Brown
  8. Green
  9. Yellow/Gold
  10. Other

What is the value of a 30 carbine made by General Motors?

Depends on condition. These have been selling for about $700-$800.

Laws to spreading ashes in the state of Florida?

I found this on Affinity Cremation's web site (link below) There are no laws in Florida prohibiting scattering ashes.Florida Law does not prohibit scattering ashes. This does not mean, however, that you may spread or scatter the ashes anywhere you choose.

• You should not spread or scatter ashes on public lands or any inland bodies of water such as streams, rivers or lakes, etc.

• You may spread, scatter or bury ashes on any private land that you own or have obtained permission from the owner. We would suggest that you obtain this permission in writing.

• Many states have different laws regarding this subject. If you are considering spreading or scattering ashes somewhere other than Florida, you should check the laws of that state before proceeding.

• Scattering or spreading ashes in the ocean is permitted, however federal regulations do specify this should be done only beyond 3 miles from the coast. http://affinitycremation.com/questions.html#ten

Most sold car make?

The most sold car is actually a truck. The Ford F-150 is the most sold.

How do you have your car voluntarily repossessed?

The Correct :

Most Finance Companies make this very difficult.

1)Take the vehicle to the manufacturers nearest dealer for a service appointment. Leave the car there. Remember the Service Reps First and last name.

2)Contact the finance company and let them know what dealership the vehicle is at.

3)Notify the finance company that you would like to have your vehicle voluntarily repossessed and to pick it up directly from the dealer. Reference the Service Reps Name and write down the the customer service reps full name.

4)You can ignore any further attempts to contact you by the finance company or dealership.

5)Most finance companies(in California) will not seek deficiency judgement your credit however will be ruined for 3 years.

The finance company has no reason to work with you if you can no longer afford to pay.

You simply call the finance company and tell them that you are unable to pay for the car due to unforeseen circumstances and make arrangement for them to either pick the car up or ask where you should take the vehicle. I had voluntarily surrendered a car years ago and the Manufacturer made arrangements to pick up the car at my home.

There were fees involved and they actually prorate your loan and you will be charged for a certain amount of the cars value. Even if the car is only 3 months old, it is now considered a used car and the finance company cannot sell it as if it were new....it will have depreciated in value as much as 30%

Do you need a reposession license to buy a reposessed car?

NO. No but you do need a car dealers license in most states to attend repo auctions. The auctions are not open to the public.......thats why your car worth $15,000 sells for $7000 and the loanee is stuck with difference.

Your car jerks and sputters when im letting off the clutch even when you let out slowly Can someone help?

If the problem is only happens when you take off then I would think it is clutch related; Oil on a clutch will cause it to grab,chatter etc. Also, if the clutch has a lot of miles on it, it may be just worn out.If this jerking happens as you drive the vehicle during acceleration , then your vehicle has some tune-up issues such as spark plugs, spark plug wires, cap,rotor.

If you sell a car in Texas to an individual without signing over the title and end up having to take it back due to non-payment do you have to return any stereo equipment they installed?

Yes. If there is permanant damage from installing the stereo equipment, then they will have to pay for that and you can take them to small claims court to recover the damage. If you don't give them their stereo equipment, then they can take you to small claims court and sue.

How do you sell a car to a private party in CA?

Try using a free classifieds website. I've sold quite a few cars on sites like craigslist.com, upillar.com, ksl.com, and oodle.com.

What if you buy a car that is a lemon unknownlingly?

If the car is already registered as a lemon, you go after the seller. (as long as they were aware of this) as in a dealership. If the car has not been registered as a lemon yet, you after the manufacturer. And there are Atorneys that take these cases with no monies to be paid until the case settles.

Can a minor sell a car?

No a minor can not sell a vehicle in the USA. You must be over 18 years of age in most states but the age to enter into a contract will vary from state to state. Check with your State Dept of Motor vehicles, or call your city govt.

What is the most sold German car?

The Volkswagen Bug is the historically most produced and most sold German make.

Can you return a car with in 3 day in minnesota?

Unfortunately, no. There is a 3-day rescission period for getting a home loan but not for buying a car.

Car mart return?

Returned car to car mart can i be held financially responsible?

Is there a grace period when you lease a car?

For most companies it's 59 minutes from the time you rented.....(check with who you rent from)

Example if you rent at 1:00 on Wed for 1 day your car is due back by 1:00 on Thursday.

if you return at 1:59 you are not charged any additional fee's but if you return at 2:00 then you are charged an extra hour per hour the 3rd hour is a full days charge.

Note: rental car companies don't take waiting in line, ie caught in traffic etc as cons, that's what the 59 mins are for.

Can finance company repossess a boat if the title was sent to me?

Of course they can. The title probably shows a lien on the boat. Until you pay in full, they can take the boat back.

A car dealer sells a SUV for 39000 which represents a 25 profit over the cost What was the cost of the SUV to the dealer?

A 25% profit over the cost is the same as 5/4 (since 100% contains 4/4 or four quarters). So, divide 39,000 by 5(fourths) and then multiply by 4(fourths) to get the cost 31,200.

Can you return your car if the loan is not finalized?

You can try. Most contracts have a clause in them that requires you to accept a loan at a higher rate of interest if it cannot be finalized at the rate stated. Check your small print.

Can a bank repossess your car for being 2 weeks late with a payment?

Read your contract. It likely says the lender can repo anytime you are in DEFAULT. Two weeks late is unusual, but they could repo when you are 1 day late.

How do you find out how much your repossessed car was sold for?

You might want to consult a local attorney. The lender must have added on some fees, such as repo fees, attorney fees for judgement, collection,garnishemtn, maybe some repair charges to get the car running. Auction fees usually run 6-12% OF VALUE.