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What happens to cars after they get repossessed? Does the car company resell the car, or do they ….?
9th August 2011
Give it back once people catch up with their payments? How may payments do you have to miss to get your car repod? Oh and are repo men basically theives? Do they have the right to take cars away? I ask because we were talking about repo men and how it works, and we couldn’t figure out if they resell the car, or give it back to you.
OK so do you still owe the money on the car, or do you just owe on the months you missed. Cause say you buy a 6 dollar car and you are supposed to pay 50 cents every month, and you only pay 1.50 on it, and they repossess it after 4 more missed payments. Do you owe 2 dollars, or do you owe the whole 6 dollars minus the 1.50 you paid during the months you were on time?
Skoda Roomster Car Review – Merlin Car Auctions
23rd July 2011
Merlin Car Auctions is Ireland’s leading vehicle auction company. Merlin Car Auctions offer over 1000 vehicles for auction EVERY WEEK
If your car is repossessed are you really not allowed to get your belongings out of the car?
27th January 2011
I watch some of those repo shows on television like All Worked Up and Operation Repo. I have seen where the repo company doesn’t allow the owner of the vehicle to get their belongings out of the car when they come back to the company after the car was repossessed until the repo paper work has been fully processed, than they can get their stuff or something like that. I know Tru TV is just for pure entertainment purposes only, but they are based on real repos, just dramatized for television. Just wondering if it was true in real life that you can’t get your belongings out if you go back to the company after the car is repossessed? I just think it is ridiculous because, yes, you didn’t pay the finance company, and the car got repoed, but the repo company people should get the people’s belongings out for them and why do they not let them get their stuff out if it’s true?
Can a finance company take my current car?
24th January 2011
My daughter defaulted on a car loan 7 years ago, the car was repossessed. Now she is having a car given to her, to be put in her name. Can the old finance company take the car that is being given to her as payment for the car loan that she defaulted on?