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As soon as you are in default of the contract.
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∙ 8y ago
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Can a car lot reposed an automobile if its been seized by the police?
yes the car lot has all the rights because until the car is paid in full it is still titles to the car lot the impound lot will have to turn the car over to the repo man or repo man can file charges
Can a buy here pay here car lot repo after 7 days late?
Some places have the ability to take your car away if you don't pay car lot fees if you are trying to sell your car on their lot. If you didn't sign a contract through them, then they can't repo your car. They will most likely tow your car off the lot and you have to pay expenses on it. If you signed a contract where you must leave your vehicle on the lot for certain amount of days or months then yes they might be able to repo your vehicle if it states in the contract they can. If you are not on a contract of any kind then no they can not repo your car. They will instead tow your car off the lot.
How does the repo man get a key to your car?
I am a repo-Woman. If you purchased your car from a car lot, the car lot keeps a copy to the keys in case they need to reposess the car in the future when you dont pay. The repo-person can also get a key to the car from a dealer, such as GMC, etc. Or they can have a blank key, that accesses any car. If they dont have a key, they can tow it without a key. Pay for your car and you dont have to worry about it, :O)
Can used car lots file charges on a repo?
can a used car lot file charges aginst you
What happens to your car if it is repo by a payhere buyhere lot?
It's resold to someone else.
Do you have to have a repossession license to repo a car if you work for or own the car lot that is repossessing it?
general rule NO, but check with your state to be sure
Can you get your car back after a repo?
Husband dies, his car left at a friends house, friend would not give car up, car was voluntarily repossesed, can you still get car after a repo? What is needed?
What if they repo the car from apt complex and tow it back to car lot with people in it and also knock down the owner of the car as they are pulling off?
Take that up with the police.
Can you get a car dealers license in California without a car lot?
Yes
What is the coming soon tent on YoVille?
It's a car lot.
In the state of California can a auto repair shop repo your car and keep it on their lot and do repo companies need to be bonded?
Does the repair shop have a lien on your car for you not paying them for repairs to the car?If they do have a lien then yes they can seize the vehicle until you satisfy the lien. As Tank said, they need to have a lien on the title. You have to have signed an agreement with the shop stating that they can lien your title and repo your car if you don't pay. Most repair shops won't let you pick the car up until you pay up. So, you must have signed something saying they could pick it up if you didn't pay. Also, repo companies may not necessarily be required to be bonded. It depends on the state. In CA I believe they do. Only a bond for the business and as required by the LENDER.
What are the disadventage of buying a new car?
Mainly financial. A car will lose a lot of value basically as soon as it leaves the dealer's lot.
