2007-08-14 03:03:08 · 7 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Go and get it.
Park it in a garage , and demand full payment - plus 200.00 for your troubles.
Give them 30 days to settle up.
Then re-sell the car.
2007-08-14 03:08:43 · answer #1 · answered by cgriffin1972 6 · 0⤊ 1⤋
Do you have a lien filed against the title? If you do, and you have good records of all the payments, and a contract that the buyer is in default of, you may be able to repossess the vehicle.
For $700 I would take the buyer to small claims court instead!
2007-08-14 03:09:38 · answer #2 · answered by fire4511 7 · 1⤊ 0⤋
You should consult with a local attorney before doing anything. Laws vary from state to state.
You may be entitled to repo the car, but if you're not, you could be sued for damages. The present owner could even have you arrested for theft in some circumstances.
A lawyer can help you understand your rights. It may not be worth $700 to hire one, but it may save you a lot more if the repo goes bad and charges are filed against you for some reason.
Consulting a lawyer in this circumstance is cheap insurance.
2007-08-14 04:13:48 · answer #3 · answered by DL/H 2 · 2⤊ 1⤋
Never, ever give over the merchandise without full payment. Not even if you have some kind of contract. It will cost more than $700 to get the car back legally.
2007-08-14 03:11:21 · answer #4 · answered by Ron B 6 · 0⤊ 2⤋
Yes, assuming that you have a written contract and are listed on the title as a lien holder.
2007-08-14 03:09:01 · answer #5 · answered by Bostonian In MO 7 · 2⤊ 0⤋
YES, BUT FOR SAFETY REASONS I WOULD SEND A CERTIFIED LETTER TO THEM.
THEY WILL MOST LIKELY NOT ACCEPT IT AND IT WILL RETURNED BACK TO YOU.
THEN GO GET THE VEHICLE AND CHARGE THEN FOR THAT, STORAGE AND ANY ALL PAPERWORK INCLUDING THE $700.00 BALANCE.
2007-08-14 03:16:04 · answer #6 · answered by Anonymous · 0⤊ 1⤋
yah but you will lose out
2007-08-14 03:07:22 · answer #7 · answered by chad t 2 · 0⤊ 1⤋