Please let me know how can i recover my car? Where to call and how many days it will take. Is there any fee for relasing the car except payments.
2006-10-20 23:30:23 · 11 answers · asked by monument_usa 1 in Business & Finance ➔ Credit
Call the company you financed the car through. If you are able to pay up and get it back, it will not show up as a repo on your credit. THe late payments will still shoe up, though.
YOu will have some fees and also a per day storage fee for however long they hold your car.
Good luck!
2006-10-20 23:33:11 · answer #1 · answered by Jenyfer C 5 · 0⤊ 0⤋
Call finance company or bank, you'd have to pay the repo fee also. Some banks will allow you to pay half of what you owe and the other half the following month some will allow you to catch up completly then let you skip the next month and some will say sorry about your luck. If they let you have it back make sure you keep up with whatever agreement they make with you, because they don't have to let you have it back. If they say no, they will auction the car off, whatever is paid for the car will come off your balance and you are still responsible for the rest. I know someone who couldn't afford her payments, let it get repoed, then went to the auction with her grandfather and bought it for $2K. She got her car back and thought she had tricked them, until a month later when she got a notice in the mail telling her how much she still owed.
Good Luck.
2006-10-21 19:38:49 · answer #2 · answered by NETTA M 3 · 0⤊ 0⤋
You need to call your local police department. They should have a record of what towing company took the vehicle, and where it is. You will then need to go to the bank that you owe the money too and get up to date on payments and pay all fees for the towing and repo charges. If you do not pay this will go on your credit as a repo, and when you go to get another car loan you will more then likely be shot down.
2006-10-21 13:02:49 · answer #3 · answered by cargrl 3 · 0⤊ 0⤋
1) Take a deep breath
2) Call your creditor (car finance company and/or dealer)
3) Negotiate with your creditor.
4) Pay your creditor.
5) Pay your creditor on time.
Please remember that your character means nothing as you probably have avoided all "collection" calls from the finance company BEFORE repossession and you weren't even making "good faith" payments.
So, be realistic. DO NOT be surprised if the finance company does not genuninely trust you. They have just cause for their actions and have repossessed your car as their last ditch effort to avoid additional loss with your car loan.
2006-10-21 07:06:06 · answer #4 · answered by DaMan 5 · 2⤊ 0⤋
I don't know where you live but where I live if a car is taken of course there will be fees and the longer you leave where it is the more storage charges you pay.
2006-10-21 06:36:29 · answer #5 · answered by Artguer 2 · 0⤊ 0⤋
Go to finance company and pay installments. If it's not possible then go to another finance company and buy another car on installments.
2006-10-21 06:41:31 · answer #6 · answered by Viren 3 · 0⤊ 0⤋
Sell your computer you used to ask this question. Suspend your internet account. Take this saved money and either:
1. go to your creditor and pay your loans
2. go to the metro and buy a bus pass
2006-10-21 09:35:57 · answer #7 · answered by W 3 · 0⤊ 0⤋
Walk.
You are S-O-L. They're not going to give the car back after they had to repo it to get your attention.
2006-10-23 23:13:45 · answer #8 · answered by norcalnative@sbcglobal.net 2 · 0⤊ 0⤋
Learn to ride the bus
2006-10-21 08:46:08 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Sorry you no longer have a car. good luck buying one
2006-10-21 06:38:44 · answer #10 · answered by mary texas 4 · 0⤊ 0⤋