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if someone pays cash for a vehicle, they can purchase a car immediately after a repossession. if you want to finance...it's up to the bank if they want to give you a loan. there's no specific time limit if you can get someone or a bank to give you a loan.

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Q: How soon can you purchase a car after a reposession?
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Related questions

Can i still purchase a car with a reposession on my credit report?

You can always purchase a car. Getting financing for a car may be more difficult, but that's true for anyone with compromised credit. Regardless of your credit, shop around to find the best deal you can with your history.


Can you keep your car from reposession?

Keep the car at a relatives or friends garage


Can the police get involved in a car reposession from a car dealership?

No they can only be present if you are being sued, or there is a disturbance


Are you able to get a car if you have a reposession on your name?

This depends upon your credit score.


When does a reposession affect your credit score?

it will be on there as soon as the order gets sent to the repo company, they are the collection agency. after they repo ur car and it gets sold at auction ur credit score will change .


You bought your car privately and didn't transfer title the guy who sold it to me took it right off the street is this reposession or theft he called it reposession?

I would think theft


What reposession company handles toyota's reposessions?

the police or dealership that you got the car from always handles REPOs


If a car is purchased in ca and registered on SD which state laws apply for reposession?

SD since it is registered.


Is it illegal in Maryland to hide a car from repo?

I believe it is illegal to hide anything in any state from reposession.


If you volunteer a reposession on a lease car and the car is not operable what happens?

They repossess it anyway and you could be responsible for the repair cost, depending on the lease contract.


How much will you pay if your car is out for reposession and it never get caught?

all of it. Just because they cant find the car doesnt mean your debt goes away.


What happens if I don't repay an auto title loan?

You will lose the car if the Auto title loan is not paid. The lapse in repayment can result in reposession of the car.