A Repossessed Car Can Be Your Dream Deal?

1 Answer

Answer :

Some of the best cars to buy are repossessed cars. If you're inthe market for a used car, someone else's financial misfortunecould turn into a spectacular deal for you. Most auto loancompanies try to re-sell the cars they repossess in order to recouptheir losses. If they sell the car for more than is stilled owed onit, the owner will get the difference. If it's sold for less thanwhat's owed, the owner will have to pay. Either way, repossessedcars are often sold at considerable discounts off the Blue Bookprice, and knowing how to buy them can save you a lot of money.The reason repossessed cars are usually the best cars topurchase is that they were usually not involved in accidents,floods or stolen. The fact is that most repossessed cars weredriven and used responsibly and reliably. If you w

Related questions

Description : Can my car be repossessed if it's in my garage?

Last Answer : Totally fine. The car needs to visible to repossess. They can’t just break in thinking it might be there.

Description : If my car gets repossessed, how long until my credit will be in good standing?

Last Answer : You're better off calling the lender and seeing if there is anything you can do. They don't want to repossess your car any more than you want to have it repossessed, but if you simply stop making payments ... can be repaired, but it's a lot less work to just avoid damaging it in the first place.

Description : Where can I find repossessed car auctions in Florida?

Last Answer : Visit www.gov-auctions.org and search for auctions in any zp code in the state of Florida. You can also contact the site for further information

Description : If you believe in karma, what are your thoughts on acquiring a house or a vehicle, as examples, that have been repossessed/foreclosed?

Last Answer : I would still buy it. You did not take away the house from them, so karma is not involved. The house, has been taken away, regardless of whether you buy it or not. It might sound cold hearted, but if ... the case, and the deal is good and the house looks like a good investment, i say go for it !

Description : What do they do with repossessed cars ?

Last Answer : They check them out and resell them after that for a cheap price.

Description : What happens to cars after they have been repossessed?

Last Answer : They get resold as used cars to make some of the money back.

Description : How do repossessed cars affect your credit rating?

Last Answer : A car reposession will leave a major black spot on your credit rating for 7 years.

Description : How can I buy Repossessed Cars from bank or title lender?

Last Answer : These entities regularly auction off repossessed cars. Places and times vary by bank and region, so call the banks in your area to get started.

Description : Where can I find cheap repossessed Cars?

Last Answer : Your local car auction can provide you with a great selection of repossessed cars and trucks. You can contact banks and lending istituions for a list of cars tey have for sale most cars are sold at auction.

Description : Can a truck that is disassembled for repairs be repossessed in Arkansas?

Last Answer : If the company has grounds for repossessing it, yes. Just because you're not using it doesn't mean you don't pay for it.

Description : Where online can I go to find repossessed cars for sale?

Last Answer : Autobidmaster.com is a site where you can bid on those cars that have been repossessed. It offers a wide range of of models and locations of where the vehicles are being listed.

Description : Have you ever had a horrifically graphic, emotionlly disturbing dream? If so, how did you deal with its affects?

Last Answer : Yes, I had one last night. Usually I wake up with my heart racing and shaking. It takes me a while to calm myself back down and I will lie awake for a while getting over it. Most of the ... that the details of the dream will fade in the daylight lthough some remain vividly in my mind for a while.