Someone has the car and the finance company has a lien on it. Any sale would have been fraudulent.
who the hell noes that?
Maybe
You still owe the finance company the balance owed.
It belongs to the insurance company
You will still owe the finance company the balance of your finance note. Hopefully you have full coverage insurance. If you do have full coverage, the Comprehensive portion of your policy will generally pay off the finance company up to the insured limits (usually the remaining market value) of your insured auto.
If a customer mistates age such as he is 86 and the max the company will sell is 85 and after 2 years death occurs what recourse does the company have.
As long as you haven't signed the contract, you will just have to find other financing.
If the finance company has sold it, you have you answer. How can you be so stupid?
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.
Then you're screwed. The tow company put a mechanic's lien on your car, then they auctioned it off to recoup their costs. You're still liable for the payments you owe to the finance company.
Auto dealers would normally offer you a Guaranteed Asset Protection plan attached to your amount of the auto. This GAP is technically insurance of your asset, the car for payment of the remaining amount owed the finance company after the regular insurance pays their amount.