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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?
Wiki User
∙ 12y ago
well they can make you go into court against them if that was what you were looking for i really dont get your question?
Wiki User
∙ 12y ago
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Can you get out of contract of a new vehicle when the contract you signed is not the car?
If the car that the dealer delivers is not the car that is identified in the contract, then the DEALER is in default, not you.
If you have a vehicle repossessed will it go back to the dealer or will the dealer be notified?
Thats depends on the agreement between the lender and the dealer. No once the deal is financed the dealer is out of the picture except for repairs etc.The process goes like this: Vol surrender will intail you agreeing to a time and date for a recovery company to come get the vehicle. In-vol repo the vehicle is picked up when it is found by the recovery company (repo man).The vehicle will be towed to a lot and store and cleaned for auction. You may have a opportunity to re claim the vehicle at this time by bring the account current depending on the lender. At aution the vehicle will be sold at wholesale and the remaining balance if any will be sent to a third party collection agency and collection efforts will begin against you. In some cases the dealer may have to pay for your default but that is pretty rare.
Can a used car dealer repossess a car with a balance of only 124 dollars if there is a loan on the vehicle from a bank?
IF the dealer is acting as the banks agent(hired to repo), YES.IF you bought the car from that dealer, the dealer may have had "recourse" on the loan, so that he/she had to do the dirty work if you didnt pay. $124.00 is not the main question, how LONG has the $124.00 been in default??
Whats is the MSRP?
what is the MSRP on this vehicle what dealer has the vehicle
If a car has a salvaged title can it still be legally sold by a car lot?
Absolutely,a dealer can sell you a vehicle with a salvaged title. Each state has there own laws but in most states you must disclose to the consumer that the vehicle you are selling to them has SALVAGED history. The selling dealer must disclose this on the state title forms and on the BILL of SALE.If the selling dealer does not disclose this,then you have a legal rights against the dealer.
What is dealer invoice?
Dealer invoice is a term used to describe dealer cost of the vehicle.
When was Seventeen Against the Dealer created?
Seventeen Against the Dealer was created in 1989.
What is live action blackjack?
Live action blackjack is simply real blackjack with a real dealer. The opposite of live action blackjack is video black jack where the entire game is computer controlled. In the real world at a casino you will not typically find it called live action blackjack (even though that is what it is) because any table game with a living human dealer is by default "live action". So they simply call it blackjack for the game with a real dealer and video blackjack for the machine version. The term "live action blackjack" is most often used by online websites which offer a type of blackjack where there is a live dealer broadcasting over the web so that you can play online with a real living dealer. Some players are simply more comfortable with human dealers.
You do not have code for 95 Honda Accord EX since vehicle was purchased used so I do not know dealership vehicle was originally from. Is there a default code?
If you are talking about the radio code, no, there is no default code. Any dealer can supply you with the code, if you supply them with the radio serial #. You will however have to remove the radio to see the serial #. I would look everywhere for that code before going to that trouble. It is a 5 digit code.
How many pages does Seventeen Against the Dealer have?
Seventeen Against the Dealer has 192 pages.
Can a car dealer take your car back?
If the dealer holds the lien and is the one that loaned you the money to purchase the vehicle he can repossess the vehicle if you fail to make your payments on time. Otherwise the selling dealer has no claim on the vehicle whatsoever.
If the dealer accepts partial payment can they still repossess your car?
Yes. Once the lending agreement is in default the lender may take whatever action they choose in recovering the monies owed. It is a misconception that by making a partial or token payment the creditor will not be able to assert their legal rights. The lender can accept the payment, still repossess the vehicle or pursue litigation.
