2006-10-23 23:42:23 · 16 answers · asked by silv1887 1 in Cars & Transportation ➔ Buying & Selling
Yes, simply pay them the money you owe them.
If you don't have it maybe get a secured loan to pay them.
2006-10-23 23:46:05 · answer #1 · answered by jg655 4 · 4⤊ 0⤋
I am Dr. Syed Alamdar Ali,
You did not write your inability to repay the debt and, your repayment behaviour in the past. If it is permanent inability and you are habitual in making late payments then there is definitely no reason to continue with the repayment of what you cannot do. To be honest, let the company repossess your car
If it is temporary, for just a short period then go and negotiate with the finance company about the possible time when you will start the repayment of it. If your credit history is really very good and you are just experiencing a slump. The company will listen to your request if you were a really good customer.
Otherwise, if you are a customer with bad credit history. Ask yourself a question...Do you deserve the credit at all...?
2006-10-25 10:24:34 · answer #2 · answered by alamdar2000pk 1 · 0⤊ 0⤋
You can hide the car in your garage, so that they can't take it. Then make some sort of payment to the finance company. Repo services will do anything to get to your car but they cannot enter your residence or any building associated with it. Or you can leave it a friends house but they need to live a ways away, because the truck companies drive all over town looking for vehicles on their list. If you don't make payments they absolutely will take you to court and sue you. Repo is bad, but judgment and repo are really bad.
2006-10-24 03:29:40 · answer #3 · answered by I am Jared From Subway 3 · 0⤊ 0⤋
Yes you can. By paying up.
You cannot caveat your car becoz the Hire Purchase Agreement stipulates that repossession is the right of the finance company. They usually do it by first lodging a police report. And that's all it takes to strip you of your invested money.
2006-10-24 06:02:38 · answer #4 · answered by catcher 3 · 0⤊ 0⤋
No. If you take out finance to buy a car then the loan is secured on the car. You default on your payments and they take the car.
2006-10-24 00:04:05 · answer #5 · answered by PETER F 3 · 0⤊ 0⤋
No, not if your defaulted on any payments.
Your question is incorrectly stated. To bring the harse truth home, its not "my car", it belongs to the finance company.
Cards bought on HP or showroom finance do not pass title to you until final payment..unfortunately you will find this in the small print
2006-10-24 00:13:40 · answer #6 · answered by Michael H 7 · 1⤊ 0⤋
If you have secured a loan on it, or taken out a loan to buy it, then not made the payments there is nothing you can do.
You could trying calling them and agreeing a repayment scheme.
2006-10-23 23:44:50 · answer #7 · answered by OriginalBubble 6 · 1⤊ 0⤋
Sell the finance with the car .
2006-10-23 23:46:19 · answer #8 · answered by Anonymous · 0⤊ 2⤋
iv been in a simaler situation,first thing to do make a payment ring the company,see if they will reduce your payments,if thats your prob.Also i would advice you to go to citizen advice
2006-10-24 00:32:22 · answer #9 · answered by benjiboo 1 · 0⤊ 0⤋
If you've not paid the finance on it and they've threatened repo you can't stop them.
2006-10-23 23:45:04 · answer #10 · answered by M1 5 · 2⤊ 0⤋