I got my car repo and when I call the bank they said I need to pay it off in order for me to get my car back, I told them I have the money to put the loan current and 2 months in advance but they still dont want to work with me, what can I do? I really want my car back. Thanx in advanced
2007-03-12 18:25:58 · 3 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
Generally yes you can get your car back. You will have to pay the repo fee and the amount you are behind on in your payments plus one month in advance. The finance company may also reguire you to sign a promissary note stating you agree not to be late ever on your payments or they have the legal right to repo the car and you loose all your money.
2007-03-13 16:29:36 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Go to the place that sold you the car initially and speak with the manager.Also go to the Bank in person and ask to speak with the Loan Manager.This can only be done if the vehicle is still available and not gone to auction.Good Luck
2007-03-12 19:18:27 · answer #2 · answered by tturbod2001 4 · 0⤊ 0⤋
Technically they don't have to work with you. They do have the option to have you pay an amount to get it out of impound, but keep in mind you will need to pay impound fees. These usually accrue daily. The next step is for them to put your car up for auction and they will charge you for the difference (you owe 10,000 on loan, car auctions for 8,000 you owe them 2,000) I had to go through this
2007-03-12 18:36:25 · answer #3 · answered by lisadaisy36 3 · 0⤊ 0⤋