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Client: Frank T. (Buffalo, NY)
Vehicle: 2003 VW Passat
Book Value: $17,789
Purchase Price: $9,050
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Client: Chris W. (El Cajon, CA)
Vehicle: 2002 Ford Expedition EB
Book Value: $18,944
Purchase Price: $8,000
Savings: $10,944
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Client: Cliff S. (Ft. Worth, TX)
Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
Savings: $9,500
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I don’t own a car right now so no car insurance right now obviously. But is it possible to buy some type of coverage before I get or even know what type of car I will be getting? The scenario would be buying a car from an auto auction and how I would go about driving it home.
Do i have to report my life insurance policy when my car was repossessed?
what will happen if i let my car get repossessed?
27th April 2010
i am wanting to buy an old small car that will be better on gas than my new gas guzzler of a truck which is a chevy blazer. i am on a five year loan for the car through the bank. i was told that i cant buy another car and then switch the insurance from my blazer to the car that i want to buy outright. so now i have to put both cars on the insurance and im not sure but i think that will be a lot more expensive. so im thinking of just putting insurance on my new car and stop paying for the old one, so it will get repossessed. my credit is already terrible so i dont care about that but im wondering wat will happen, will i get a fee, will i be taken to court, wat is the consequences to getting ur car repossessed. wat should i do in this situation, should i buy another car and then put insurance on it and stop paying for my car. can i do that? wat will happen.
How do I arrange for insurance when buying a used car?
2nd April 2010
Im looking to buy a used car in Toronto. I was wondering how do I go about arranging for insurance for it?
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.