2007-05-24 04:57:32 · 7 answers · asked by luvmyboltz 1 in Cars & Transportation ➔ Buying & Selling
you have a certain amount of time to re claim it.. 30 or 60 days, i can't remember, then you have to pay the back payments.. usually 3 or 4 months, plus any reposession fees..
2007-05-24 05:11:03 · answer #1 · answered by justme23005 2 · 0⤊ 0⤋
Yes you can get it back. However it is not particular easy since the reason that it got repossessed was likely because somebody didn't have the money to make the proper payments. Keep in mind that it is not the dealer, but the bank or financier that orders the repossession. You need to get up to date with your payments and likely pay a couple of more in advance to give the bank some confidence that this won't happen again. You will also be responsible for bank fees as well as the actual fees of repossession including towing, storage, etc.
2007-05-24 05:38:50 · answer #2 · answered by Jay P 7 · 0⤊ 0⤋
Nope.... unless you show up at the auction site to bid on your own car, but there is no point in doing that... not to mention, if you had the cash to do that, you would have paid on time and it would not have been repossessed in the first place.
Once they do sell it, you will probably be sued for the difference between what you owe the bank and what the bank was able to sell it for at auction.
Banks use repossession as a very last resort... and once it is done, it is done.
2007-05-24 05:07:36 · answer #3 · answered by Mike 6 · 0⤊ 0⤋
they're going to attempt to artwork with you for a pair months, yet after that they are going to deliver somebody after the motor vehicle. whilst they get it decrease back, this is going to bypass to public sale. The finance business enterprise will carry you responsible for the stability left after your motor vehicle is offered. in case you play video games and conceal the motor vehicle, they're going to could desire to spend extra to get it and carry you responsible for those expenditures as nicely. relying on the state the place you reside, they are in a position to easily get a judgement against you and get a number of that money decrease back. In Texas, they're out of success. yet some states enable salary garnishment, I hear.
2016-10-13 08:16:11 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Have to talk with the dealer who ordered it repoed. The dealer usually just put these back on their lot to sell as a used car, so it will probably be pretty expensive to get back, and they probably won't finance you again.
2007-05-24 05:05:39 · answer #5 · answered by New Dog Owner 4 · 0⤊ 1⤋
Yeah but you need to find out how much money they want, cash would likely work best, and it may be just as well letting it go, too.
2007-05-24 05:01:30 · answer #6 · answered by netthiefx 5 · 0⤊ 1⤋
I believe you can get it back but you have to wait for the government or whoever took it to release it from impound and they would then tell you how much it would be to get it back.
2007-05-24 05:02:26 · answer #7 · answered by Anonymous · 0⤊ 1⤋