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It will be reported stolen.
It belongs to the insurance company
You can go to jail for theft of a car.
Then you buy a MUCH better alarm system for your NEXT car.
It gets reported stolen.
When your car is 'stolen", you file a stolen car report with the cops. Then your INSURANCE will pay off the loan. The lender will deal with the insurance co. and alls well. You dont have a car, but no payments either. BTW, the insurance co. HAS to be sure its stolen or they wont pay the loan off.
Only you, if the car is in your name, can report it stolen. So they are jacking you up to get their payments
If a finnancing reposesor has takin the car, and it was stolen from him. it would be listed as a stolen vehicle by the local police. when found would be immediately towed and impounded. until the "OWNER" of the car retrieves it.. Wich means the bank, or financing company that the car was bought from.
The finance company will want to be paid in full if they find out it's stolen. The responsibility to satisfy the loan falls on you seeing that you failed to maintain insurance.
Well to be honest the thief drives is like it was stolen and usually wrecks it Sometimes they strip it for all it's useful parts and sell them
how to find my stolen car when i have the thiefs name Call the police.