What do you do with a financed car when you have to move abroad and can't keep paying it?
When you move abroad – whether permanently, or temporarily for an extended period – one thing that won't be travelling with you is your credit score.However, it won't be waiting for you if and when you return, either.
If you owe less than the car's value, you've got equity.If you owe more money on the loan than the car's actual value, you have negative equity.You'll pay off your loan and that's that.There will be no danger of hurting your credit because of late or missed car payments.
If it drives, take it to the finance company and hand them the keys.
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
If you moved abroad and want to keep paying your student loan debt, you will likely need to pay off your student loans from your local bank account.If your home bank operates exclusively within the US, they probably charge for foreign transactions, and the fees are more often than not quite subst...
Yes, the loan from your finance company is a legally binding contract between you and them. You are solely responsible for the fulfillment of that loan.
In Texas, when your car is impounded, it is best to go immediately and retrieve your car. The towing charge and daily storage mounts up. The longer you let your car stay in impound the more you are charged. If you have a mortgage on the car, the company that has the mortgage is notified and they ...
Do you have to keep making your car payments when the car isn't running and it's been put in storage?
yes you do unless you dont want it anymore.
What if you are unemployed that's why you can't pay what do they do with what you still owe have selling your car?
Now that depends on how much or how many assets you have. If you file bankruptcy and depending on the type of bankruptcy you file you can keep your car and different things as long as its not too much. Your allowed to keep your things as long as it doesn't go over your allotted amount. The best t...
You will have to pay the license & transfer fee which is minimal. Around $20. You will also have to pay 6% sales tax based on exactly what you paid for the vehicle, not the book value, but what you paid. You will have to pay the license & transfer fee which is minimal. Around $20. You wi...
The manufacturer's suggested retail price for a 2015 Ford Mustang EcoBoost starts at $29,170. The car has a 2.3L engine.
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.
Generally a Driver's License and access to piles of money. In some states or countries you also have to provide proof of insurance.
This will depend on the state that you live in and the regulations and laws of that state. Being related will not make a difference if the law in your state says individual sales are taxable then you will have to pay sales tax.
Yes, you will pay tax on the purchase of the used car.However, you do not pay tax to the private owner at the time of the sale.You pay tax to the DMV when you transfer the title and register the vehicle.So, if you are buying a car from a private owner, do not pay them tax.
PCV valve may need replaced or the air intake may be leaking. Check for holes in the intake system or vacuum leaks.
just take it back where you bought it and tell them you can not pay, but have a ride home with you
Yes you will. the tax on that car will be the same as if you bought that year of auto in Texas
When you tried to move your Mountaineer it made a clunking sound and felt like you were trying to move with the brakes on?
The brake calipers were stuck. you should have them checked soon.To me a stuck caliper indicates badly worn pads, or a lack of lubrication, either way it will need to ba checked asap.
When a leased car is reposessed do you owe just the amount left on your lease or the full amount of the car if you can't afford to pick it up and you let them keep it?
Both. You will owe the balance of the lease, payoff on the car, mileage, and repo fees, including storage and auction costs.
They might. The liability of the person who has hid the car will be the same.
Not the dealership, but you have to pay tax, tags and title.
Here are some options for repairing your car when you can't actually afford it: Negotiate with the mechanic. Shop around. Barter with someone who's handy. Get a personal loan from a family member or friend. Use a credit card. Sell personal items for quick cash.
It is difficult to be sure without more information, but, as a first step, I suggest you change your fuel filter. Save
When you keep the promise to bring the car loan to current and pay to do so can the lender still reposess the car?
It can happen. If the order for repossession is already out when the payment is made, it may take a couple days for that payment to be processed, and that order for repossession will not be called off until the payment is fully processed.
What happens if I sell a car with outstanding finance? Both new and used cars can have hire purchase agreements taken out on them.It is not illegal in itself to sell an automobile that has had a hire purchase agreement on it.But sellers must ensure they comply with the law when it comes to making...
When you purchase a used car how long do you have to return it if you change your mind or can't afford?
If you buy the vehicle with a as is sticker there is no return time-- when you cross the curb it is yours And even if you purchased it other than "as is", it would depend on what the problem is for it to be covered under warranty (which your liking it or changing your mind are probably not covere...
The bank will sell yours at auction. Whatever they do not recoup, you owe the difference.
Yes- you pay the taxes when you register your car in the state you live in.
Find out if you can get it back Often, a bank or repossession company will let you get your car back if you pay back the loan in full, along with all the repossession costs, before it's sold at auction.You can sometimes reinstate the loan and work out a new payment plan, too.
Holding and carrying a full UK driving licence is all you should need to drive in Europe, but authorities may want you to have held it for at least one year.Hiring a car abroad can also be very expensive if you've only recently passed your driving test.
Up to the lienholder but once you default they are entitled to the security and there are expenses involved as well to resell depending on who, amount, value of car and how far along they are in that process will decide it for them. Obviously they will cut their losses as much as they can.
Vehicle registration fee: This is the amount the state charges to register a new car, assign a title (legal proof of ownership) and cover the cost of license plates.Sales tax: Sales tax on a new car can take people by surprise.For example, at 9 percent, the sales tax on a $30,000 car is $2,700.
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...
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...
What letters do cars from Germany have on them when travelling abroad to show what country they come from?
It used to be, until a few years ago, that vehicle owners commonly (at their option) put oval stickers (black letters-white background) on the rear of their vehicles to denote their nationality or nation of residence. Germans used the letter "D" to denote Deutschland. Now, the new Euro vehicle li...
How can you get your car back if the finance company wants you to make the loan current and pay to get the car out but you can't afford to?
Gee, Hery, I dont see any way for you to get it back.
If your car doesn't move when you put it into gear, it may be due to a simple oversight or you may have a serious transmission problem.The source of the probelm may depend on whether your car has an automatic or manual transmission.
Yes, unless the amount of the loan was covered by the insurance.
New cars come with a lug wrench and a jack.
Why my car can't keep the motor estabilized The motor runs smoothly when the gauge mark 1 or over but when move down the car's motor stop but before stop the neddle move up and down Why?
What are you talking about the idle? If the car won't idle correctly chances are you need a tune-up. Hope This Helps. Do you mean stabilized, and are you referring to the needle on the tachometer? If so, like the above answer you may need new a tune up. another possibility is a broken or leaking ...
Transmission is most likely to be the culprit for the car wont move in drive but will in reverse problem.When the vehicle does not function in one or more gears, you should check the gear shifter.The car will reverse but not go forward because of worn out solenoids, clutches, or gears.
If your car is smoking, adding things to the oil is not likely to help.
If your car's repossessed and they take it to an auction do you have to pay anything and how long will it be on your credit?
You dont HAVE to pay anything. You may not get credit in the future because you dont pay. It will be on your CR usually for 7 years. Depending on where you live, if the lender gets a judgement, they could garnishee your wages.
Check your vacuum lines and also check your idle air control valve. Make sure the IAC valve gasket is in good condition and that the valve itself is not loose.
Either get it fixed or sell it to a place like a pull and pay yard.
Pretty much yes, If your liable for the damage then you have to pay for those damages. If you'd have had your car insurance in place at the time, it would have paid the bill for you though.Good luck..
That would depend on the damge done and many more factors.
You got a 03 Mitsubishi galant and when you have your thermo all the way to the coldest it makes a clicking noise under the dash but when you move it slightly clockwise it stops what is it?
one of two things either your heater core or your blower fan
If your husband is being stationed in Japan and you can't take your car can you get out of the financing or do you have to have your car repossessed?
You need to contact your husbands CO and/or base JAG for better advice. There ARE solutions for the problem and they can help you utilize them more effectivly than I. Do that BEFORE you do anything else.
16 yrs of age 16 yrs of age
California Driver's License Change of Address We hate to say it, but services are not available online.Avoid the lines, and schedule an appointment online.Act fast – you'll need to visit the California Department of Motor Vehicles office within 10 days of your move.
It varies, your L's are good n any state 30-90 days but any longer than that you are no longer considerd a visitor
1995 Mazda Protege LX and you can't get the car out of park. It seems to be stuck and you don't know what to do.?
I had the same problem with my 2000 Protege in a grocery store parking lot in a bad neighborhood at 10pm one night. My steering wheel was turned too far to one side, and the car refused to move until I was able to wiggle the wheel out of that position. Now I always make sure that my steering whee...
in some cases but not usually
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.
no they will take the money from accounts, collage funds, or reposses your things 1 by 1 until your debt is payed
If you cant see why are you driving?
What would cause a car to slightly rev and feel like its going to move forward when stopped with your feet firmly on the brake?
Manual or Automatic? I will assume automatic. Most likely a vacuum leak or a device like the air conditioner turning on telling the ECU to increase the RPMs to compensate. The car moving forward is the torque converting starting to lock up as the RPMs rise which is normal. I would check for a vac...
Sounds like a loose motor mount.
Put in the clutch, turn the key, shift from neutral into first, let the clutch out. Good luck.
Yet you do pay twice every time you set wheel on a toll road.We have two separate unrelated highway systems in the United States, the toll roads and the taxroads.The toll roads subsist on revenue collected at their own toll booths.You pay at the filling station, and of course there are no tolls.
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...
Renew a vehicle registration for less than two years Most vehicle registrations in New York State are issued for two years.If a registration is normally issued for two years, you cannot select to renew the vehicle registration for less than two years.
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.
No. Tell them to get a job and pay for their own insurance.
ownership makes you liable for the bill which only increases every day it is there and you will be billed for all storage (based on duration) at time of repo, unless you can get lien holder to intervene based on settlement you just made to help you get it out
The bank that you have the loan with hires repo men to repossess the vehicle
You have to pay taxes on the car where you register it.
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.
Then it's best that you just call your lender an dlet them know you can't pay it on time. Some lenders are good with that. All I did was call them and tell them my situation. They were really easy about it and they worked with me. They let me pay them later.
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 ...
Legally no, The insurance company does not have a rating for you on the car and you dont have an insurable interest (legal term for financial responsibility) in the car. Therefore the lease holder would be obligated to take the car back to prevent a financial loss in the event of an accident.
You bought your car in Tennessee it was financed at a buy here pay here you moved out of sate without notifying them and im behind on payments can you get in trouble?
You probably already are. I am sure they are looking for their car or their money. It is part their car until you make that last payment. They have a legal lien on that vehicle until you pay off the loan. Do not make a bad situation worse by not doing anything. Contact them and tell them where yo...
They will sell the car and you will be responsible for the difference in what the car sells for and what the balance on the loan is. You will also be responsible for any fees associated with the repossession. Also, your credit will be ruined for 7 years.
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.
What happens if I sell a car with outstanding finance? It belongs to the finance company, and they have the power to seize it if payments cease to be made on it.Before selling a hire purchase vehicle, you must first advise the finance company and request the settlement figure required to repay t...
Because your spouse's vehicle is blocking you in?? This question makes about as much sence as asking, "Why is there air?"
You have to get the antitheft system in your 95 firebird fixed and you've been told cars like this are only going to give you trouble does this car always have problems with it or is it worth keeping?
My '89 Bird has been experiencing the problem with starting my car with the anti-theft for two years now. I'm going to try some persons answer and rub a pencil eraser on my anti-lock key connector. I don't know if it will solve anything but my advice is if you can afford it, start looking for som...
If you have paid more than a third of the total HP price including charges than they have to take you to court. If you've paid less than a third they can reposses it without a court order.
Check your shift cable, check your torque converter, check the shift solenoid, pull codes to see if it's an ECM issue.
Liability Insurance, or Rather Financial Responsibility are required by Law. Comprehensive and collision insurance is required by the terms of your finance contract with the lender. Failure to comply with the terms of your purchase contract can result in the following 1. Forced place coverage by ...
yes if you are paid under the collision coverage or uninsured motorist property damage coverage (only applicable coverages for this scenrio), you generally don't 'pay' your deductible it is deducted from the ins companys payment if you repair your vehicle then you pay the ded. to the repair facil...
to not let go at the brake pedal once you press it.
You lost the keys to your car and you can't find the key code where it should be you have a 1990 maxima?
nissan dealership will have code and can make new key based on vin.
1988 k1500 Chevy 5.7 motor it over heats when you drive over40mph with plow on what can you do to keep it cool?
Hello:First check the raidiator to see if the coolant is bubbling or if pressure is developing in the radiator when the engine is running , if so you have a blown head gasket, if not then, the fan clutch is not doing its job replace it and try again, if this does not do the trick pull the thermos...
If I Move to a New State, Do I Have to Change My Driver's License? Once you move to a new state and establish residency, you will need to apply for a new driver's license.Every state has its own requirements which can be found online at the Department of Motor Vehicles (DMV) website of your new s...
I would contact the dealer because it could be a mistake
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...