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How can a car lot repossess a vehicle for no reason?
11th December 2010
I had all my payments up to date and next payment wasnt due till this coming Saturday. I had never been late in the 3 1/2 months that I had got the vehicle. I had full coverage insurance from the day the vehicle was driven off the lot. Their "reason for the repossession" I didnt have insurance on the vehicle. I have proof that there was full active coverage on the vehicle from day one. The carlot NEVER requested any proof of insurance before just out of the blue took my vehicle. The carlot didnt care to see what proof I had and told me the only way I would get the vehicle back is to pay it off..which was ,000.00 . So I paid it off and the carlot slapped me with a repossession fee of 0.00 and stole thousands of dollars of my husbands tools out of the truck. So tell me has anyone ever heard of something like this happening before? Oh one more thing the contract clearly states that the only way a vehicle can be repossessed due to insurance is if insurance is canceled!
P.S. I have a lawyer working on this but I just want to warn prople how carlots can be so unjustice to hard working citizens!
When car's are repossessed, can you still get tickets on them if say they are registered in your name still?
13th August 2010
Two of my car’s were repo’d last year after I lost my job and I believe they still had valid registrations, so out of the blue my insurance statement says my fees are going up cause I have two speeding tickets, which I never got in the mail or anything…could it be that the cars are still registered in my name and so maybe a camera caught them speeding and automatically blamed me? what do i do to fix this?
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?