If you have a car that's too expensive for you to pay for can you turn it in for a cheaper car without paying any penalties?
Once you sign the papers, it is yours as soon as you drive it off the lot. You cannot return it and you cannot simply give it to the bank and get out of the loan - that is called voluntary repossession and it will hurt your credit. Sorry, there is no good news for you. The only thing you can do i...
Its a binding contract and after enough finance charges and slams to your credit Im pretty sure they would repo it? So I would say yes, considering you signed up to make payments on it they expect it and the Bank/Loan Agency Expects their money back in anyway
Is it possible to trade-in a car that is subjected to a repo for missed payments if you now have the money to pay those payments?
As a rule, ANYTHING is POSSIBLE. IF you are willing to pay the price. Dont make any false statements in writing.
The bank will sell yours at auction. Whatever they do not recoup, you owe the difference.
Yes, if a leinholder reposessed a vehicle from a person that owes a debt. then that vehicle is taken to an auction and the person it was reposessed from must pay difference. If the amount owed is $12000 and the leinholder sells it at an auction for $8000 the previous owner must pay the $4000 diff...
You can get the Application for Disabled Person Parking Permit (Form HSMV 83039) by going to your local County Tax Collector's Office, License Plate Agency or printing the document online.There is no fee for a permanent parking permit, but there is a $15 fee for a temporary parking permit.
most insurance companies have a procedure to arbitrate when there is a dispute about the value of your property.Most insurance co try to pay the least.If you can prove that your property is worth more than challenge the insurance co. You may have to bring in a licensed independent appraiser on yo...
If you want to get rid of your car for a cheaper one but owe too much what options other than repo do you have?
SELL the car for all you can get and beg,borrow,steal the difference so you can pay off the loan. THAT will keep the repo off your CR. Good Luck
Can you have a car that is not yours towed off your property in Maryland without the title or registration or expense to you?
I don't know about your state but call the police and a local wreacker company or salvage yard tell them it is not yours and you want it gone the police can run the vin to see who Owens it it may have been stolen
You never get what a car is worth on a trade in. Get the blue book value of your car. Then, sell it outright and take the money to get a cheaper car.
The vehicle will be sold at auction, the proceeds will be applied to the loan and to the repo fees, then you will still be responsible for any remaining amount owed to the loan.
Whether it's to save money, reduce environmental impact, or be safe, a lot of families find themselves living with one car – or none at all.Life without a car isn't costless.It is cheaper than life with a car, but it involves costs you may not have thought about.
If you have a lease and can't pay any more and you are late a couple of months on top of that what will happen if you turn the car in?
Read your lease. it should addrewss what will happen if you turn it in before the lease is up. Likely you WILL have to pay.
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Unfortunately, no they won't. If you hand your car back before making the final payment (installment) on the loan the bank will class you as a bad debt. This will mean that most high street banks will refuse you credit in the future. However, you may be accepted by 2nd tier finance companies but ...
If you voluntarily turn in a car that's has never reported on your credit file can they file it against you once you turn it in?
I am no attorney and laws on this subject differ widely from state to state. However, from personal experience I can tell you that, in general they can and they will. Some states do not allow a company to actually PHYSICALLY repossess your vehicle, but they won't tell you that when they 'come to ...
If a claim was filed 3 years ago but you were unable to pay the deductible is it too late to have the car repaired now?
yes, it sounds as if this is too long to wait.
The Legal Position It is considered an offence for a driver to allow front or rear seat passengers to travel without a seatbelt if there is one available to wear.If you are convicted of driving without a seatbelt, you can be fined up to £500.If you accept a fixed penalty notice, you will usually...
The sticker price is either for cash or financing. The car company doesnt care if u give them cash or the bank gives them cash. It is easier to negotiate when paying cash tho
It will still show up as a repo on your credit report, even if you brought the car back and told them you can't pay for it.
If you have nowhere to put a nonconsensually towed car and don't wish to pay for it can you simply sign the title over to the tow company?
You certainly can.another answer.It's better to sell it first.
Even if your car is repossessed and later sold at auction, you might not be off the hook.If your car sold at auction for less than what you owed on the loan, you must still pay the remaining balance to your lender.If you do not make those payments, your creditor can sue you in court.
If you have insurance the insurance company covers it if you do not the cost comes out of your pocket
No, the handicap placard/license plate allows for parking in handicap spaces, in any parking zone that is restricted as to the length of time parking is permitted as indicated by a sign erected pursuant to a local ordinance, or to park in any metered parking space without being required to pay pa...
Well, if they took your vehicle without your permission, and didn't pay for it, then call the police because that would be called stealing. If you let them borrow it, and they have not returned it, then you need to go and get it.
Can you repossess a car if it is at a repair shop getting fixed and they have it sitting outside waiting for the debtor to pay there bill?
NOT LEGALLY...however you wouldn't be the first to do it. That's why most repair shops have fences for storage. The shop is legally entitled to its repair charges. Why not just let the LENDER pay the repair charges and then get the car?? That's how its supposed to work. Email me if you have more ...
If you have a car fixed and cant pay right away can they sell it at a police auction without giving you reasonable notice?
yes they can sell yo whip to da po po for da lo lo
Standalone GPS devices aren't the only game in town.GPS and mapping apps of decent quality are available on all major smartphone platforms.Navigation apps are usually free, but some costs may be associated with their use.A service plan may be required along with a data allowance from your cellula...
If it drives, take it to the finance company and hand them the keys.
That would depend on the damge done and many more factors.
Yes you will. the tax on that car will be the same as if you bought that year of auto in Texas
If you don't have the car and you didn't pay any money on it but you did sign the papers can you get out of a car deal if you were supposed to bring them the money the next day?
In New York, the law gives you 3 days to change your mind. Just go in and tell them that you don't want the car.
You cannot simply return the car. You can voluntarily have it repossessed which is a horrible choice. When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are establis...
If you have a car loan can you switch that over to a different car and if so do you have to pay another downpayment and have your credit checked?
What are you planning on doing with the old car? Giving it back? The bank/lender won't take it back. Banks never do, and if it's a car dealership they will buy the car back from you at a very low price (i.e. black/bluebook price). I mean low compared to what you could sell the car for privately, ...
When you bought the car, the lender paid the dealer for the car, and you are making payments to the lender, plus interest. The lender will not help you avoid paying him.
A car in neutral can roll.When the engine is not running, your car will lose its power steering and power braking capabilities.This means it will be very difficult to steer and brake while the car is being pushed.Use extra force when steering the wheel or pressing the brake pedal.
If you had an accident and your car was the only one damaged can you pay for it without reporting it.?
I am not a law expert, nor an insurance agent, but I believe that if there were no injuries, no other property damage, and no police report made, you should be able to pay for the damages to your own vehicle without going through your insurance.
yes you do,the purpose of a co signer is that person is responsible for paying in the event that you dont pa,if that person is deceased you are still responsible.if you dont ,all non ppayments will go on your credit report
“In the state of Georgia you cannot ride on the roads without having a vehicle that's registered.” If a purchaser of a vehicle cannot acquire the title within 7 days, the purchaser must come to the county tag office and register the vehicle.A metal license plate will be issued when the title is p...
yes but find a place where its dark
If buying and older vehicle how can you check the vin to see if the vehicle is not stolen or if it is the correct vin for that vehicle without having to purchase the vehicle then have the police check?
When buying a car you like, get the vin off the drivers door and call it into your state dmv office and run a carfax. Also, look at the title and registration carefully and make sure the seller has i.d. to prove he is the person on the title.
No. In fact, it's more likely to increase. With a CDL, you're in a much higher risk category for being in an accident, on account of how much more time a CDL driver spends on the road than a daily driver.
Can you be prosecuted if you don't turn in your car when it's up for reposession A PI has been calling my mom telling her that he's turning it over to the prosecutors office is this possible?
This is America and people sue over everything, unfortunately. Why not just turn in the car. YOu signed an agreement and reneged on that agreement so be a big person and turn it in. Then you dont have to look over your shoulder everyday. Yes, they can, turn it over to the prosecutors office, then...
Electricity is less expensive than gasoline and EVs are more efficient than gasoline vehicles.Electricity prices are also generally much more stable than gasoline prices.On a national average, it costs less than half as much to travel the same distance in an EV than a conventional vehicle.
You will lose your power steering and tho you still have brakes your ABS may not function
Yes, unless the amount of the loan was covered by the insurance.
Can a car dealer in South Carolina threaten your family to have you arreseted for not paying a car loan?
Sure They Can ! Call Your County Attorney, See How Fast They Stop Too.
You have a trailer that's been abandoned on your place i want a for it so i can put it too work title?
Check with the agency that issues tags and or titles in your area, they should be able to advise you how to go about getting it tagged and or titled.
Kind of an odd question. If you get burned from something on your car, that isn't caused by a mechanical fire , I doubt if your insurance company would pay you anything. Their liability is for accidents and damages done to other cars in traffic accidents. You need to provide more info for a bette...
no, paperwork is needed to transfer title of ownership to you as the new legal owner, perhaps you culd try a private sale but in order to register it you would need paperwork, at least a bill of sale.no, paperwork is needed to transfer title of ownership to you as the new legal owner, perhaps you...
The average cost of electricity in the US is 12 cents per kWh.Therefore, the average person driving the average EV 15,000 miles per year pays about $540.00 per year to charge it.
In general, a car rental that might cost $30-80 per day might be a lot cheaper to rent by the week.) Depending on the length of time rented, daily rates ranged from $41 to $75.In fact the weekly rate yielded a daily rate 45.6% cheaper than the normal daily rate (sans weekly pricing).
I'm guessing that he just removed or re-routed the spark plug wires.
You hit the other car, so yes, you need to pay to have the other car fixed. Your insurance should do this. If not, it is out of your pocket.
If my vehicle does not pass a portion or all of a safety and emissions inspection, do I have to pay the inspection fees when it is re-inspected? In other areas of the state, you must bring it back within 30 days to the SAME station that did the original inspection.
I have never lived in Arizona but I am in car sales and am familiar with the law in Tennessee and Virginia and North Carolina I would imagine the law would be similar because of interstate commerce laws.If a car gets reposessed that has a balance on it from the leinholder the leinholder has a rep...
You have to pay taxes on the car where you register it.
Most rental agencies won't budge on the fees and rates if you wait until after the original return date has passed.Call them ahead of time, and you've got a much better chance.While returning a rental car seven months late is unusual, returning a vehicle one or two days late is not.
Best Way to Break Your Car Lease Without a Penalty Read Your Agreement Carefully.Try to Find Someone to Take Over Your Lease.Trade It for Another Vehicle.Take the Early Buyout Option.Or, Just Wait It Out.
A client pays a contingent fees to a lawyer only if the lawyer handles a case successfully.If you win the case, the lawyer's fee comes out of the money awarded to you.If you lose, neither you nor the lawyer will get any money, but you will not be required to pay your attorney for the work done on...
Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank...
Unfortunately, you would have to pay a use tax just because of the way the government works for car taxing, the tax would be small, but just to make sure that you don't get fined extra, you might want to look into it some more. just for the reason that I'm not a car taxing expert. you could call ...
This is important to understand:If the engine is of the same type as original and as long as the engine was not stolen any time in its life, there should be no problem.Be prepared to produce proof of legal purchase of the engine.If it is not of the same specification, in other words modified, it ...
Even if there is no written term in your contract, the law still entitles you to be reimbursed.However, it can be time-consuming to resolve a dispute over expenses, so it is better for all concerned to have a clearly stated expenses policy.Some expenses paid by the employer may be taxable.
you can apply for a mechanics lean, but it is risky.
Luckily, the keys won't come out of the ignition unless the car is in park.But remember, you've already tried to turn off the car without putting it in park, so we know you're distracted.
Do you have to pay for someones ambulance if you hit their car even if the ambulance was unnecessary?
It's depends on situation. Most of the time Ambulance was in hurry to get the patient in the hospital.I think it's good to pay.
this would vary from situation to situation. In general, No. but without seeing all the terms and all the paperwork you signed, no one can tell you for sure.
maybe, but first there gonna just repo the car
Sales tax should be collected when and where the vehicle is registered. Maybe MI has some weird law, but that would be different than the many states I've registered cars in.
If your household has more than one vehicle, then it's generally cheaper to insure all vehicles under a single policy than under multiple policies.All insurance companies offer multi-car policies.Insuring two cars together with the same provider is cheaper than insuring both cars separately.
Legally - you can't ! Until you've made the last payment - the car still belongs to the finance company, not you ! When you buy a car on HP, the finance company effectively buys the car on your behalf. They pay the seller, and recover the money from you. The car only becomes your exclusive proper...
Then go with a smaller tire. Go to www.tirerack.com for assistance. They can tell you what will fit and what won't.
The vehicle can be repossessed.
Method 1: Cents per kilometre Under this method you are eligible to claim up to a maximum of 5,000 kilometres per year, per vehicle.If you travel in excess of 5,000 kilometres this method of claim is not appropriate to you.You will need to use the alternate method of a logbook to claim.
Any tips for removing a key that has become stuck in the ignition but still turns to the stop position?
Is this in a Ford? LOL have to take column apart and replace the ignition tumbler assy
In most states, you're still required to keep liability insurance on your vehicle.If you intend to drive that vehicle at any time – even if it's not being driven for months – then you'll need to have liability coverage as a minimum.In other words, your vehicle needs to be insured in order to be r...
Can a collection company take your car to pay a debt if they have a judgment already filed against you?
I don't think they can take your primary car or home but they can make your life a living hell. Ask a lawyer just to be on the safe side.
yes junk yards have a form you have to fill out thoughYou can also check with different "salvage" companies about this.ANSWER:If you can't find your paperwork/title of your junk car? Some Junkyard' s are knowledgeable will guide you through the junk car removal process specific to your needs. Jus...
Kentucky residents pay more than average to buy a car, and less than average for ongoing costs.The state has a higher 6 percent sales tax, as well as more expensive car maintenance costs.But it also offers savings with cheaper gas and low registration fees.
It is always cheaper to book in advance.You can watch the price couple of weeks in advance and book the rental car you like.You will always get higher prices at the counter and you will have no power to bargain.Comparing different companies at the counter is also time consuming and hard.
As the vehicle owner, you can sell the car whenever you choose. You are liable for the car loan. If you are selling the vehicle for less than the loan (especially when you are upside-down on the loan - you owe more than the car is worth), you need to pay the difference to your lender.When trading...
Is a used car dealor responsible to pay for problems that arise on an automobile if you just purchased it two days ago?
Depends on the laws in your state. In my state any licensed dealer selling a used car must give a 30 day 50/50 warranty. It all depends on what, if any, warranty was given by the seller on this vehicle. If you bought it "AS IS" then there is no warranty in most cases. Do you have a warranty in wr...
As long as you legally possess the gun, none. Texas does not require registration of ordinary Title I firearms.
No. Tell them to get a job and pay for their own insurance.
You could be fined, towed, or even both.Added: It is a local or state statute or ordnance. In some jurisdictions the monetary fine is hundreds of dollars.
yes you can. yes you can. yes you can.
Do I have to keep paying for a car that has been reposed by a bank if I surrender it to the bank in which is carring the loan?
The bank will sell the vechile, u will be responsible for the difference between what they sell it for and what you owe . plus any interest and penalties.
If you sign a promisary note with a car dealership And you decide not to pay because they sneaked in gap insurance can they send it to collections?
You are obligated to the terms of the promissory note. You probably signed the contract stating that you had read and agreed to the terms of the contract.
It is illegal to: Lend your placard to another.You park at a parking meter that is close by and hang the disabled placard from the rearview mirror without paying the meter.This is legal and you don't have to pay the meter because the person whom the placard has been issued to is in the car with you.