How many payments missed until GMAC attempts to repo my truck. I only have oly 7 pmnts left but have used the 3 defferments they give.
Thanks in advance
2006-12-27 08:20:37 · 10 answers · asked by Ariel G 1 in Cars & Transportation ➔ Other - Cars & Transportation
Typically at least 2 payments behind
2006-12-27 08:29:36 · answer #1 · answered by Anonymous · 2⤊ 0⤋
it really depends on the company... some wait awhile and some repo on the first missed payment... your best bet is to call them and see what they can do for you or go to your bank, get a personal loan and payoff the truck that way you wont have gmac to deal with
2006-12-27 08:28:57 · answer #2 · answered by Min 2 · 1⤊ 0⤋
They constantly could touch you to tell a pair of repossesion of the truck, so which you will get a telephone call. The lender could repossess the truck whilst you're previous the grace era (oftentimes for high lenders the severe quantity is 30 days previous due making an installment charge yet can variety in line with what share money have already been made, the size of the employer relationship, clarification why late, etc.). Contracts that authorize repossession additionally oftentimes specify added fines that the patron could pay to the broking, ostensibly to cover the broking's expenditures of the repossession and of depreciated fee of the object, because of the fact the broking is now in possession of a "used" merchandise. a sturdy be attentive to advice is to call your dealership and notify them approximately your difficulty, why you could't make the entire charge, yet which you're prepared to pay the a number of charge ( this seems sturdy) and talk thoughts so as which you're all on a similar internet site. now and returned circumstances are difficult and that they're going to understand in case you cope with it responsibly, additionally enable them to be attentive to the time-physique this could take place and once you would be returned to creating known money. it is likewise a sturdy thought to have a reproduction of your preliminary contract for reference. terrific of success
2016-10-28 12:04:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I had a Toyota and they sent me 2 deliquent notices. After I missed my next payment after the 2nd deliquent notice, they repo my car. I paid the payment but didn't pay the late fee and still owed $38.50 so they took that as a non-payment. Watch because they may be coming soon.
2006-12-27 10:41:20 · answer #4 · answered by Anonymous · 1⤊ 0⤋
The answer really is to not wait to find out.
Call your lender and work something out. If they grab your truck you will not only lose the truck or a large wad of cash, but your credit rating will tank.
A simple phone call may solve all that .
2006-12-27 09:12:13 · answer #5 · answered by ca_surveyor 7 · 1⤊ 0⤋
go get a pay day loan pay gmac and plus gmac is nutts they repo'd my friend car after 90days but she hide it a long time! how many months are u behind
2006-12-27 09:28:48 · answer #6 · answered by Anonymous · 1⤊ 0⤋
they can repo anytime you are late b/c you signed a contract to pay once a month. but usually about 4 months late.
2006-12-27 08:29:24 · answer #7 · answered by Ivy 2 · 1⤊ 0⤋
It depends, you have to read over your contract that you signed with them to see, how far behind you have to be, before they can take away your vehicle without your consent....
2006-12-27 08:29:32 · answer #8 · answered by shoppingdiva 2 · 1⤊ 0⤋
WOW~ call the bank see if they can help out with your situation.
2006-12-27 14:15:47 · answer #9 · answered by ME 2 · 0⤊ 0⤋
Payoff the principle at this point.
2006-12-27 08:22:27 · answer #10 · answered by FUSIONMASTER 3 · 0⤊ 1⤋