Here is a variety of advice:If I were you I would check out your county for repossessions to be sold they generally sale for 2/3 of the loan value.I would NOT buy a car that has been repoed ...

Feb 15, 2025 · Yes, you can still qualify for an FHA loan even if you have had a car repossession in the past. However, the repossession may impact your overall credit history and could affect your ability to ...

Sep 24, 2023 · After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off? The car isn't damaged, the debtor's credit rating is.

Sep 17, 2023 · When your car is repossessed from the bank, the bank will sell it, usually at an auction. You are responsible for the difference of the selling price and what you owe on the car.

Sep 11, 2023 · Yes you can get your car repossessed from the impound lot. My car was stolen with the keys by someone i knew.

Nov 6, 2024 · If a car is repossessed and the loan is paid in full and you get your car back do you still have a repo on your credit report? IF the lender posts a repo on your CR, you have one.

Sep 11, 2023 · If your car is repossessed you are responsible for the difference in what it brought when sold by the loan company and what you owed, plus the repossession charges.

Sep 14, 2023 · Where can you buy repossessed automobiles in the US? You can buy repossessed automobiles in the U.S. through many county auto auctions or police auto auctions.

Sep 11, 2023 · It depends on how many times you've been late on vehicle payments. Most of the time though as long as you are making a payment of some kind on the loan your vehicle will not be …

Feb 16, 2025 · Where can you buy repossessed cars from? Repossessed cars can be purchased directly from Banks and Credit Unions.