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Is there a guarantee that you can get your car back after paying it off?
Wiki User
∙ 12y ago
Normally, that's the deal, you pay, you get car..IF you have reason to think you wont, call an attorney BEFORE you proceed.
Wiki User
∙ 12y ago
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Can Chrysler financial turn your car off for not paying car note?
no
What is a used car bond?
It is a bond that a dealer has to buy to guarantee titles to vehicles. For instance if they take a car in on trade that has a payoff on it and they sell the car without paying off the note and then go bankrupt you would go after the bond money to pay the loan off. In most states only a small bond (around $40k) is required.
What happens if you bought a buy here pay here car and the car lot owner dies before you finish paying him off?
then i think you start paying off either his family or his estate.
If you co -signed for a car and the person who brought the cars dies and you are to old to keep the car what can you do to keep from paying?
You have to sell the car and pay off the loan. You might contact the place where it was purchased and see if they will take it back. Otherwise, you have to pay for it.
Does paying off a car loan decrease your credit score?
No you should see your score move some, paying off your balance on your car loan only decreases you debt ratio which in turn increase your score.
Can you sell a car in one state when it is still registered in another and you have a loan you are still paying off?
No, you can not sell a car that doesn't belong to you and that you don't have a title to. If you are still paying for a car, the leinholder will have the title. The car won't be yours until you pay for the car in full and the leinholder signs off on the title and gives it to you.
What if the repoe man put your car on side of unsecured place no fence or lighting and you take it back?
It typically referred to as stealing and you can be charged with auto theft. The car is owned by the lender until you pay it off. If you have not been paying them then they have simply taken back their property.
How can one get out of a very bad credit car loan?
The best way to get out of a very bad credit car loan is to pay it off or let the company take back the loaned car if applicable. If someone is having hard time of paying off his or her car debt he or she must ask the help of some consolidating expert.
If a parent dies before paying off their car does the next to kin have to do so?
The estate has to pay off the car or sell it and re-pay the loan.
Why are car loans always secured with collateral?
The car can always be repossessed if the owner stops paying off the loan.
How long do you have to return a used car in NJ?
Usually in Nj the dealer has to guarantee inspection, and most of the time if you drive off the lot they will not take the car back from you. Unless there is something major major wrong with it. Dont buy it unless you want it.
What happens when 2008 car is repoed?
You will have a certain amount of time to bring the loan current and get your car back. Otherwise it will be auctioned off, if you are lucky enough and the car auctions for at least what you owe on it, you will only have to deal the with scar of a reposession on your credit. If it sells for less that what you still owe on the loan, you are responsible for paying that back.
