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Ok so I have a 2006 Honda Element which I bought brand new. Now I still owe ,000 on it, which makes it 2 more years of 0 payments. The problem is that I was laid off from my work and had trouble paying for it as well as for the insurance. So I went about 5 months without insurance, and so the place which I finance it with added this ridiculous insurance that was 0 extra a month. So now that I cached up with just my car payments I still have this owe them about 00 just for that insurance, plus of course my regular 0/monthly payments. There is just no way I can afford to pay that for that insurance, I already added my insurance. But that is killing me and it is making me go to the extreme to just let go of my car.
Are car dealerships able to lease used cars for short periods of time?
12th January 2011
Are car dealers able to lease used cars for short periods of time such as 2-5 months? Is it really up to the dealerships discretion? Anyone have any experience or knowledge in this?
help my car is going to get repossessed?
16th September 2010
ok right now i have the repo people looking for my car. i am now currently about 5 months behind on the car payment. if i pay it off up to date will the repo people go away and will they let me keep my car or is it too late??? what should i do or what could i do???
My car was repossessed because I moved out of state. I was not behind on payments. What can I do?
6th June 2010
I moved out of state for a job. I told the car company and sent them the paper work from my new state. They never said anything. I have been here for 5 months and have made all my payments on time. I have contacted them several times about things. Out of the blue this week , the repossessed my car for moving out of state. I found out it is in my contract that I have to have permission to take it out of state, but I am current on all my payments. I own more of this vehicle than they do. They have been taking my payments for 5 months now form my new address. Is there anything I can do?
Car repossessed or stolen?
11th March 2010
My daughter’s car was repossessed, so I thought. She had not made a payment in 5 months and one day we came home and it was gone. We thought they repo’d it. Now the financing company is saying they did not come get it. So now maybe it was stolen? I have to file a police report and say its missing. What are my options legally now? If they don’t find the car what can happen? I am confused. Serious answers only please.
Unfortunately, she only had liability insurance on the car so it isn’t covered for theft.