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What are the chances a person can get their repossessed car back? what would you have to do?
1st May 2010
I got my car repossessed about two months ago, but then i got a great job a week after they repoed it, is there any chance that i could negotiate with them to get it back. What are the odds i could get it back? What would i have to do or say? Any advice would help please.
Posted in: Auction FAQ | | Comments (2)
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Generally, you have to pay the bank the full payoff amount.
You can always ask the bank if they can make some kind of offer, but they already have to pay the repo fee.
Comment by Pancakes — May 1, 2010 @ 6:38 am
You have to pay what you owe.
I think they give you thirty days to pay what you owe and then you don’t get it back, and they auction it off.
Comment by CrazyFace — May 1, 2010 @ 6:38 am