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Can a buy here pay here auto dealer repo your car if it is less than 30 days late on a payment?
Wiki User
∙ 16y ago
Read the contract you signed. They very well may be able to repossess the car if you are 30 days late. Depends on the contract and your state laws. Legally you have defaulted on the agreement if you are 1 day late.
Wiki User
∙ 16y ago
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How does a person who makes very good money has a nice down payment get a auto loan when they are in a open chapter 13 we have the trustees permission and do not want to go to a buy here pay here?
you need to find a dealer and a lender that's willing to take a chance on you try a dealer that does a lot of sub-prime credit deals. It may help if you had a auto loan before and that your 13 has nothing to do with an auto lender.
How does a car payment calculator work?
Car Payment Calculators estimate the monthly payment you'd be required to make based on the cost of the automobile, your down payment, and interest. Once you enter the cost of the vehicle, your down payment, your interest rate and the length of your loan, it will give you an estimate on what your monthly payments would be. There is a helpful calculator here: http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx Hope this helps.
Purpose of a Dealer's surety bond?
The dealer surety bond guarantees compliance with federal, state, and local laws, and also protects the consumer against fraud from the dealer. A good white paper on dealer surety bonds can be found here: http://www.suretybonds.com/edu/auto-dealer-guide.html
What is the purpose of buy here pay here dealers?
The purpose of Buy Here Pay Here by auto dealerships is to allow people who have poor credit history to still purchase a vehicle from the dealer. The interest rate tends to be higher though.
What sort of car dealer is a 'buy here pay here' one?
There are many car dealerships that offer the service "buy here, pay here". Auto Trader is one of the most popular car dealers that use this type of service with their customers.
If i default on a auto loan from a buy here pay here auto dealer are they more likely to resell the vehicle on their lot and take no legal action against me or will they likely take legal action?
well they can make you go into court against them if that was what you were looking for i really dont get your question?
Can a CAR dealer repo a car for no insurance?
Usually the lender, not the dealer, will just tack it onto your payments, but yes, you probably signed an agreement to insure contract. However, they do not want the car back, so, most of them will just add it, then ad it to your payment. The dealer, unless it was a buy here, pay here, has nothing to do with the car, once it is financed. The bank owns it, once they finance it.AnswerYep, that's the way it works. Finance Company always requires Full Coverage Auto Insurance until the car is paid off. It's in your finance contract After pay off you can carry just liability if you like.
Is there a loan payment interest calculator on the internet?
Yes there are loan payment interest caluculators on the internet these days. Here are where you can find some; bankrate, finaid, vlender, foreign-trade, and a few other places where you can find this.
Can a buy here pay here auto dealer report the car stolen if you are behind on payments?
That will depend on your state laws. I have seen such an agreement here in Massachusetts, but I believe it is illegal and is an unfair act or practice in trade or commerce prohibited in most states and definitely in MA.
Can a BHPH dealer repossess on a first payment default without satisfying Colorado curing requirements?
http://198.187.128.12/colorado/lpext.dll?f=templates&fn=fs-main.htm&2.0 start here
If your car is repossessed by a 'buy here pay here' dealer does it affect your credit?
Only if the dealer reports it to the credit bureaus.
Should a dealer manager be a dealer principal or dealer principle?
The spelling is DEALER PRINCIPAL (a principal here is someone with a proprietary interest).
