Feb
27
How can I get another car if my current one is in Repossession?
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I hear car commercials and have heard of others doing the same, but the dealers I called say they can’t help me.
Repossession
My girlfriend is behind on her car loan and has been threatened with repossession. To make matters worse, she? My girlfriend is behind on her car loan and has been threatened with repossession. To make matters worse, she had an accident (her fault) the same day her insurance lapsed and did $3000 damage to the car. She cannot afford to repair the car or make payments anymore so...
My car went in to the shop for repair while still under warranty. The financer then took repossession? I have not missed payments. He just said he no longer wanted to do business with me. Is this a legal repossession? The repairs that were supposed to take place should have been done before the sale of the vehicle. The seller of the car said the car was...
what is the difference, if any, between repossession and surrendering my car? how does this affect my credit? I am moving to Hawaii and it will cost so much money to have it shipped there. I am thinking about surrendering my car back to the bank, which financed the car loan. Is this the same as repossession? How would this affect my credit? I just got the...
I need save my car from repossession. I will have money in 10 days what can I do? I just spent $4,000 on replacing the engine on my car with a shyster mechanic shop and having to use a rental car. Now I am in deep. What do I do?Rent Back Fast ...
can you expect to get trade in value against the retail price of a new car if your current trade is a lease? In attempt to save $$$tax on the new car do you get the value of the current lease against the $$$purchase of the new car???Sell House Quick ...
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3 Comments
March 2nd, 2009 at 7:46 am
First do not tell them your car is in repossesion.. secondly look for a car lot that advertises “your job is your credit”.
your gonna pay at least 10% interest, your going to need at least $1,000 down plus tax and tags.
I know in NE philadelphia nearly every car lot will get you financing, and there is one on almost every other block here.
But if your one day late with one payment they will come and take the car and charge you for the towing.
March 5th, 2009 at 1:08 pm
There are always auto dealers that specialize in just people that have no credit, bad credit, repo’s, bankrupt, etc.
The bad thing about them is… Your down on your luck and they take full advantage of that. I had a bankruptcy & repo when I lost my job a few years ago. The little $500.00 car I did have got wrecked and I was going to loose my job without transportation. I found a place in Mt Clemens MI that financed me. I had to come up with a big down payment.
( $ 700.00 ) and my payments were $200.00 every two weeks. They put a device on my car, if the payment was late, the car would stop running. The car loan was for two years. They are usually high milage cars. If you can get a relative or someone else to finance for you, that would be a better bet. If your in a bind and can keep up the car payment, do as I did. My car is paid off now and I was only late one time. Their office was closed for the Christmas holiday and my car was turned off until I could get the payment into them after New Years. It really ******.
March 7th, 2009 at 3:51 pm
no one wqill lend money for a car if you can t make the payments, cash is your only option