After how many months of not paying do they intend on repoing your vechile?
2006-07-09 08:18:34 · 7 answers · asked by Heather N 2 in Cars & Transportation ➔ Buying & Selling
It depends on your prior payment history, and the finance company. Many times they will repossess a car after the second payment is missed. Sometimes they will go longer, and sometimes, especially with a buy here pay here or sub prime credit lender, they will repossess the vehicle if a payment is 15 days late.
2006-07-09 13:10:10 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
3 months
2006-07-09 15:21:00 · answer #2 · answered by mekellygirl 2 · 0⤊ 0⤋
If you have a lone it can be from 2 to 6 months
If you make payment to the dealer they might take it after 1 month.
Some keep a key.
2006-07-09 16:37:51 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They typically reposses your car once you are 90 days late.
Although, some companies don't wait that long, especailly if you have only made a few payments so far.
2006-07-14 22:13:12 · answer #4 · answered by msdagney 4 · 0⤊ 0⤋
Never had one repossessed but if you are in default of your loan, I would contact the lender if I were you & make arrangements to get back on track.......don't wait or guess when it's gonna happen. Take responsibility, & fix it before it happens.
2006-07-09 15:32:01 · answer #5 · answered by Vicky 7 · 0⤊ 0⤋
most companies 3 months unless you have a long record of not paying- then they might do it for one day late.
2006-07-09 15:21:46 · answer #6 · answered by go_surf74 2 · 0⤊ 0⤋
year or so dont do this it will f up your credit for like10 years or more and never get a car lone again only a kia car and they suck ***!!!!!!!!!!!!!!
2006-07-09 18:10:55 · answer #7 · answered by BILLY BOB THORTON 1 · 0⤊ 0⤋