When your car is repoed and you pay the loan off how long do they have to give the car back?

Cars & Vehicles
Loans
Personal Finance
Money Management

they usually do not give it back. once they take it, it is theirs.

Previous questionWhat types of cars are there?
Next questionHow to Obtain title to abandoned car on someone else's property in New Jersey?

Related question

Do you have a right to pay off your loan in full when car is repoed?

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.

Read more

Do you have to still pay the loan if they repo your car?

Theoretically yes (though what the car is resold for is applied to the balance of the debt as a credit). However, lenders know their chances of getting that money are slim to none, because if you'd had the money you would have been making the car payments in the first place. So they tend to try t...

Read more

How long do you have to pay on a car loan to help your credit?

Until your car loan is paid in full. Usually around 36 months, give or take.

Read more

How long do you have to pay back a title loan?

You are here: Home » Information » How Long Do I Have to Pay Back My Title Loan? The repayment period for a car title loan can be customized to fit your unique needs.The loan can be paid back anytime early without penalty, but the typical loan is written from 1 year to 3 years depending on the ci...

Read more

How long do they have to finance you for a car loan before they can take it back?

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.

Read more

Do they have to tell you when they repo your car?

Courts and law enforcement do not normally monitor the repossession process as it is happening.You might not even know when or where the car will be repossessed.Most states do not require car loan lenders to give debtors any kind of notice before they repossess the vehicles.

Read more

Do you have to pay off the car loan if you total the car?

Yes. Hopefully the car is insured, and the insurance money recieved will cover the loan of the car.

Read more

When a car gets repoed do they have to give you options to get your car back if so how many days do you have to take care of it in Texas?

Well, the repo company takes the repossessed vehicle to a storage lot or auction house, where it's stored for a period of time. Under state law, the repossessed vehicle must be sold in a "commercially reasonable" manner. You must be given reasonable notice of the date, time and place of the sale,...

Read more

Can you sell a car when you still have a big car loan to pay off?

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...

Read more

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.

Read more

What if your loan company wants to repo your car and you no longer have it?

Then you're still liable for the money you owe the lienholder.

Read more

Cant pay car want to give back to creditors will they work with you?

They may, however they may not until after you are delinquent on the loan. Contact them now and ask. They are not obligated to do anything not laid out in the original contract, and they do not want the car, they want the money you promised to pay. Contacting them now, though shows good faith on ...

Read more

How do you get your dash lights to go off when they stay on and the car is off?

So what is the problem with my stupid car with the lights on the dashlight problem?

Read more

You payoff your car but you were behind to payment and they repo your car what you need to do to get your car back?

They don't repossess cars that are paid off. So your best bet is to call them and see if they want to deal with you. Usually, if they've gone to the trouble to repossess it, they won't deal with you.

Read more

If your car was just repossessed will they let you get it back if you have the money and how long will it take to get it back?

get it back?? prolly, depends on your payment record,ect. They really dont want the car, they want the MONEY. How long?? a day or two

Read more

Can tell the person who is repoing your car to leave your property and do they have to notify the resident that they are taking the car?

The person repoing your vehicle should let your sheriff office know about the repo within 24hrs. When they come out to repo your car they should have the contract and a copy of the title. It's the law.You CAN tell them to leave and they should leave. They do NOT have to notify you that they are r...

Read more

If car is repossessed do you have to pay the balance on the loan and if so how much?

Once they repo the car, the lender will sell the car for whatever it will bring. You will then be responsible for the difference in what the car brings and the balance on the note. You may even be responsible for repossession fees, and your credit will be ruined for 7 years.

Read more

How can they repo your car if you never received your first payment statement to pay for your car?

You are still obligated to make your first payment even if your payment booklet has not arrived. Your paperwork should have included a form which stated the contact information for your lending institution in the event this scenario presented itself.Buy a car, read the paperwork, understand the p...

Read more

Once the loan goes to the repossession department how long do you have before they take the car?

as soon as they can find it

Read more

Can a bank repo your car sell it and still say you owe the full amount of the loan and how do I prove they sold the car?

i believe they auction the car off... the remaining balance, you would have to cover and any fees, like cost of Towing the car off your lot. storage fees for keeping your car and so on..so lets say that you owe $17,000 on the car and they auction it for $5,000. that means you would owe the bank $...

Read more

If after ten years the repossed car is still on your credit report do you have to pay the loan back?

i repo in six states and as far as i know it will stay on your credit report until you settle your debt to the lien holder

Read more

Can a repo agent charge you to pay someone they hired to clean out your car?

YES, its a fee for inventory and storage. as a constructive bailee, they are legally bound to protect your stuff.

Read more

Do you have to pay to declare your car off the road?

In most of the US, they actually pay you a pro-rate of the time left on your registration. If you are still making payments on a financed vehicle, this is not recommended. Take the tag and registration to the courthouse and surrender it. If you are also canceling insurance, make sure to surrender...

Read more

Can you pay only part of repo fees to get your car back after a repossession?

YES, even though the repo may be expensive you may only pay part of it. Even though your probably better off just buying a new vehicle because you have to pay all of the repo

Read more

How long do you have to wait to get your license back after having it revoked?

That depends on the length of the period of revocation, and whether or not your state will allow consideration for early reinstatement or not. If your license is suspended/revoked, your state DMV needs to be contacted on this matter, at which point, they will either explain the terms to you, or e...

Read more

How long do you have to pay off a speeding ticket?

The amount of days you have to pay off a speeding ticket is: Speed limit - MPH over the limit.So if the limit is 55 and you did 70 then you have 40 days to pay it off.

Read more

What happens when you don't pay back a title loan?

If you can't pay off the loan in the typical 30‑day period, the lender may offer to “roll over” the loan into a new loan.But the roll over process always adds fees and interest to the amount you originally borrowed.If you don't pay what you owe, the lender may decide to repossess your vehicle.

Read more

What is involved in having a dealer pay off your old car loan?

Mainly, it's like trading in your old car for a new one. You'll have to be approved for a car and they may give you certain choices to choose from. And another thing is that your car note is most likely to go up, but you know what you're able to afford. And remember if you're thinking about doing...

Read more

If your car payment isn't current how long do you have before the repo man comes and gets it?

sometimes as little as 15 days and sometimes as long as 90 days. most places try to get their car as soon as they can. it all depends on the lean holder and history of payments. Not a one size fits all answer...cause...it all depends. Mostly depends on your contract and arrangement with lienholde...

Read more

What can you do when a neighbor is parking directly behind your driveway making it difficult to back out and they have a driveway they refuse to use?

Go next door, politely introduce yourself and ask them if they would please not park there because it makes it hard for you to back out.=======================More thoughts . . . .Hopefully the chat with your neighbor has solved the problem, but here are some thoughts to consider

Read more

If the lienholder repos car due to default and you never missed a payment and continue paying off car is that no different than a regular repo?

When it gets to your CR, a repo is a repo is a repo. Theres only one.

Read more

Do you have to pay back a car repossession?

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.

Read more

When repo company comes and gets your car can they drive your car to whatever designation?

Once they take the vehicle, the responsibility is on them. If they damage the vehicle or total it the tow guy has to pay. If your car is taken, cancel the insurance since you are not responsible after the car is picked up and leaves your possession.

Read more

You have made all your payments on time but you want to give back your car what do you do?

You will still be responsible for the contract terms regardless of whether or not the repossession is voluntarily done by the borrower or by the lender for default. The exception is, of course, working out some other agreement with the lender, but that seldom happens.

Read more

How long after paying off car do you get title?

Once the loan on the vehicle has been paid in full, the lender will have to pull the title out of storage, have an officer sign off as the lienholder, and mail the certificate of title to you.Lenders tend to estimate that this process can take 5 to 10 business days but it can take longer.

Read more

How do you get your parents to give you your car keys back?

First, apologize for whatever you did wrong. Even if you think you did nothing. Then wait. If they took your keys, you probably deserved it anyway.

Read more

When you pay off a car loan should the lien holder send you CAR KEY?

The lein holder does not have the key to your car. They will have a title that you will be sent.

Read more

How long does a dealership have to pay off your trade in?

The dealer also knows they have 20 days to pay off your trade.Every day they're late paying off your vehicle they'll have to add $3.34 until it's paid off.Once they pay off your trade with the lender they'll receive the title and will then be able to retail or wholesale your trade.

Read more

If your car was repossessed today but you are willing to pay off the remaining balance do you have a good chance of getting the car back?

Call the lender first thing in the morning and make the arrangments to payoff.

Read more

Do you have to pay the bank back for a vehicle if it gets wrecked and the bank pays it off?

Yes, unless the amount of the loan was covered by the insurance.

Read more

Do you have to give your license when pulled over?

You should ask if you are under arrest or free to leave.In New York, you are not required to carry ID, and you don't have to show ID to a police officer.

Read more

What happens when you default on your loan and the insurance company pays out on your loan?

In most places the money goes to the BANK! Their name is on the title of the vehicle until you make all your payments and they sign a "release of lein".

Read more

Your car was stolen yet you have to pay the towing fee to get it back?

because the towing guy is lazy and this is America people. some guys are just payed for showing up to pick up your car. deal with it

Read more

Do they have to give you two keys when buying a car?

Yes. Keys are used to turn on a car. But turning on a car produces huge amounts of Carbon Dioxide.

Read more

Can you give your car back to the finance company?

Returning the Car to the Dealer “Keep in mind you have a legal obligation to pay the terms of the loan and the car dealer is typically not the finance company who holds the loan (unless they are 'buy here pay here').Either way you cannot simply 'give back' the vehicle to a dealer and walk away.”

Read more

How long after you pay all monies owed on a repo can it take to get back is there a time limit on the company to get your vehicle back to you?

As soon as the payment is recorded to your account and the lender has agreed to continue the loan ( find that out before you send payment ) its yours again, but I would not expect them to bring it to you, you are going to have to go and get it yourself.

Read more

What if you pay the toll and then need gas and get off then get back on the toll do you need to pay the the toll again?

Most toll and turnpike roads have some type of system to validate either your gas purchase location or tolls are charged at verying distances from your point of entrance to your point of exit. most tolls will be charged near a major interchange, so your exit and entrance should not be effected.

Read more

How long do you have to get car after it is repoe?

Its in the contract.Under most state laws, ordinarily, the lender must give you notice of your right to reinstate the contract after repossession, even if the lender thinks you have given up the right. If the lender doesn't give you this notice, you may have the right to get the property back for...

Read more

Are you still going to have to pay the balance if they repossess your car?

You will pay the difference in what they sell the car for and the balance that is owed on the note. You may also pay the repo fees. Your credit will be ruined for 7 years. Contact the lender ASAP and work this out. They do not want to repo your car and I am sure you do not want to loose it. Actua...

Read more

How can you sell your car even though you still have to pay it off?

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...

Read more

How do you convince the judge you dont have the money to pay back?

your honour please see my bank drafts

Read more

How long do you have to return a used car back to the dealer in Arizona?

What makes you think you can just return the car back to the dealer? There is no return law on the purchase of an automobile. The cooling off period law only applies to unsolicited purchases and not to the purchase of a vehicle. You bought it, you own it.

Read more

Can you give your buy here pay here lot your car that was hit back and make payments on the difference of it and a new car?

You CAN but, unless you've got some serious savings, I wouldn't recommend it.

Read more

Do you have to give gifts back after a breakup?

Is it good to return the gifts after a breakup? No way.Gifts aren't gifts if they're exchanged with a clawback policy in tow.If it was a happy, honest relationship at the time the gifts were exchanged then they can serve to remind you of the good times you had.

Read more

Does a lender have insurance to help write a car off when they can't find it to repo it?

They might. The liability of the person who has hid the car will be the same.

Read more

What can you do if the dealer repoed your car and had it back on the lot for sale when you came to pay in full and pick it up?

1st option??READ your contract. What does it say about repos? IF that doesnt make sense to you, contact a local attorney.

Read more

IF you have your lease car repossessed do you have to continue paying after they sell 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.

Read more

Are they allowed to drive your car during a repo Are they allowed to have keys to your car?

It isn't YOUR car until you have paid the lender.

Read more

What can happen if you don't pay a title loan and you still have the car?

The vehicle can be repossessed.

Read more

Do you have to pay to drop off at Gatwick?

In the North Terminal, the drop-off zone is on the lower level forecourt between the Sofitel and the multi-storey car park.In the South Terminal, passengers can also be dropped off on the lower level.Both routes are signposted from the approach roads.Alternatively you can pay to park in the short...

Read more

Do you have to pay to drop off at Stansted?

Follow signs for 'Free Set Down' when approaching the terminal building.The airport provides a free pick-up and drop-off from a designated area in the Mid Stay Car Park.

Read more

If you leased a car out to a family member and the loan is not paid off an they are trying to skip town what do you d0?

If the loan is in writing as a legal document you can take them to court for breach of contract.

Read more

If car gets repossessed do you have to give back the keys?

Grow up. Yes, give them the keys back. If they need them they will ask.....just make sure you get ALL of your personal possesions back before you give them the keys. Well, no. You don't have to give them back. If you choose not to, be prepared to have to pay up to $250.00 for the bank to have a n...

Read more

Why does your car shake when you give it gas and it stops when you let off the gas?

Sounds like you possibly have a plug or two not firing or mis-firing, or maybe dirt in the gas. - Take it for analysis then fix it, Any competent mechanic could likely diagnose it by watching it anyway.

Read more

How long do you have to get your tags after they expire?

You will then be required to renew your registration typically within no longer than thirty days.*Let you know of the violation, but let you off with a warning and not write a citation.*Write a citation and also impound or tow the vehicle (if the registration is expired more than six months).

Read more

If your car is being repossessed and you tell them to wait so you can retrieve your pp but they leave can they charge your for getting your pp back And yes you do have a witness?

No, they don't charge for that, but you should have told them to go away. Then they could be charged with criminal tresspass or breach of the peace, depending on your local laws.

Read more

Does the finance company have to give you written notice before they repo a vehicle in CA?

NO. the repo rate would go to the bottom if they told you. BTW, they already did in the CONTRACT. Look at the DEFAULT clause.

Read more

How do I pay off my Wells Fargo Auto Loan?

To pay off the loan by mail: Complete all sections of your check or money order, and make payable to Wells Fargo Auto.Write payoff on the check or money order, and include your 10-digit account number or 17-digit VIN (vehicle identification number).Mail your payoff to: Wells Fargo Auto. PO Bo...

Read more

Does a bank have to notify you before they repo your car?

While in many states (but not all) the lender doesn't have to notify you before repossessing your vehicle, there are some notices that your lender must provide as the process moves along.For example, in all states the lender must provide notice before selling your repossessed motor vehicle.

Read more

Can a buy here pay here repo and resell your car if your insurance is cancelled and keep all the money you have paid already?

Most likely ... the purchaser has to agree to keep a valid insurance policy in force during the loan period. This not only protects you, but it also protects the lender, should an accident occur, their "investment" is covered. If the purchaser negates along the way on auto insurance, then they ha...

Read more

How long does a finance company have to repo your car before you can claim it as yours?

Call a local attorney for state specific advice.

Read more

If a birth mother was using Medicaid to pay for her pregnancy and you adopt her baby do you have to pay Medicaid back for the amounts they spent on the mother and baby?

In Michigan we adopted an infant girl that was on medicaid and so was the birth mother, we didn't have to pay back medicaid. We adopted her through the foster parent program, and yes we did take her home from the hospital after her birth.

Read more

Do you have to pay a lawyer if they lose?

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...

Read more

How long does it take for a car dealership to pay off your trade in?

The dealer also knows they have 20 days to pay off your trade.Every day they're late paying off your vehicle they'll have to add $3.34 until it's paid off.Once they pay off your trade with the lender they'll receive the title and will then be able to retail or wholesale your trade.

Read more

What happens when you attempt to pay off a car and the company returns your money because it was short?

You pay the correct amount.

Read more

How long do you have to transfer your car registration?

Usually, within 60 days of having established residence in that state, though it may vary from state to state.

Read more

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.

Read more

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.

Read more

When your car is impounded you have to pay the impoundment fees?

Check your local ordinances, but most likely you can let the police department keep the car and auction it off at some point to recoup their expenses incurred in towing and storing your gift.

Read more

Do you have to give car gas when starting?

You shouldn't have to feed gas to start an engine.Most modern cars will feed the necessary amount of fuel into the ignition without pumping the gas petal at all.If you find that you have to pump extra gas into your engine for it to start, there are a few possible issues you can address.

Read more

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, ...

Read more

How can you get back your car from repo?

pay off the debt you owe on the car, and if they trust you enough the company you are making the payments to for the car will continue to give you the car

Read more

What do you do if the finance company threatened to take your car because you were having trouble with payments but now you're ready to give the car back but they don't want to take it?

You cannot just "give" the vehicle back to them. If you cannot continue paying for the vehicle they will continue to threaten you trying to get their money back from you. When they see that it is hopeless they will repossess the vehicle and auction it off. I haven't read your contract, but probab...

Read more

How long do you have to change your driver's license when you move to California?

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.

Read more

How do you take off the shifter and is it hard to put it back?

depends on if it is an automatic or manual

Read more

If you sold a car to carmax and changed your mind can you give them their money back and get your car back?

Very rarely, and if then only on the same day. Usually not, because of the paperwork filed with the local DMV.

Read more

How do you get your car back from a repo when you are only 3 days late?

You pay the LENDER what you are behind and the repo fee and go get it.

Read more

Can a repo man steal out off your car when he repo your car?

== == ANSWER. If your car is being repossessed all things inside the car go with the car. You can reclaim those things through your finance company. If anything is missing when you reclaim them your at a loss since you can't prove it was there. Also if it is connected to the car like rims, stereo...

Read more

Why do cops touch the back of your car when they stop you?

Yes, it's a tactic police use to stop those in a vehicle from concealing things in their car that may be illegal.A slight tap on the vehicle can distract those in the vehicle and stop them from hiding things from the police.Cops may also touch your tail light during a traffic stop to leave their ...

Read more

Do you have to pay for GPS in your car?

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...

Read more

Can they make you pay after they have repossessed your car. you are on disability?

they can try - usually they repo and sell vehicle at auction - then sue you for the difference. If you have no income then essentially explain that to them or a lawyer if applicable. Chances are they will drop the issue and just stick it on your credit report as a repo and negative write off.

Read more

What makes a 1995 ford probe 5 speed pull to the side when you give it gas and it goes back when you let off gas?

Its called torque steer and it happens to all front drive cars to some extent. The drive shafts coming from the tranny are of unequal length, long on one side and short on the other because the transmission needs to mounted on the side of the engine bay behind the motor. When you stomp on the gas...

Read more

Do you have to pay if your car fails inspection?

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.

Read more

How long do you have to have your provisional license?

To get your provisional license, you have to be at least 15½ and you have to have had an instructional permit for at least 6 months.You must complete the practical driving component of the requirements: 50 hours of actual driving, with at least 10 of those hours at night.

Read more

When a car is repossessed where does the repo man store it and for how long?

they take it to a lot that has no name on it so people don't try to come and get it with out paying first. they will give you directions after you pay. the repo company mine got taken to after 2 1/2 days of the repo man using it for himself was on rt33 in manalapan new jerssy. good luck

Read more

What if they repo the car from apt complex and tow it back to car lot with people in it and also knock down the owner of the car as they are pulling off?

Take that up with the police.

Read more

If a bank has approved the loan do you have to pay a down payment?

that all depends on the loan, the terms of the loan. you need ask the bank not someone on here.

Read more

Can a co-signer pay the balance of the loan off to save credit history after a repo and then sue the owner of the car for half the loan?

Anyone can sue anyone for almost anything. Winning and collecting any judgment is another thing.

Read more

If you were a cosigner on a loan and the other person and you have since then divorced and you cant get another loan until you get off the first one How would you get off the loan?

the person in possesion of the vehicle will need to re-finance in their own name. Try refinancing at the same company holding the finance note, you or the other person may have established enough credit with the co signed note to carry it independently.

Read more

Does letting a car go back to the lien-holder affect your credit even though i took no loan from the bank and also what is the best way to give it back to that person?

If you were the lien holder, how would you like it given back? How soon would you like it given back? and how much money would you want if the person you trusted were to give it back in it's current condition? The credit effect is between you and your God.

Read more