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If you have a repossession on your car how can you get a car loan?

In: Auto Loans and Financing, Repossession, Personal Finance, Loans, Liens, Money Management [Edit categories]

Answer:

You can get a car loan, but will have to put down a very hefty down payment - sometimes as much as 50% of the value of the car. Small finance companies are more likely to help you out with that, but will charge you the maximum allowable finance charge (usually 29%).

First answer by ID3471082370. Last edit by ID3471082370. Question popularity: 2 [recommend question].

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