Automotive Forums .com - the leading automotive community online! Automotive Forums .com - the leading automotive community online!
Automotive Forums .com - the leading automotive community online! 
-
Latest | 0 Rplys
Go Back   Automotive Forums .com Car Chat > Car Buying Q & A
Car Buying Q & A Ask a question, get an answer; it's that simple. Visit AutomotiveHelper.com for useful car buying tools and research. Also, check out Vehicle History Reports to help you avoid chances of finding a lemon.
Reply Show Printable Version Show Printable Version | Email this Page Email this Page | Subscription Subscribe to this Thread
 
Thread Tools
Old 03-29-2019, 09:46 AM   #1
lisanicolelopes
AF Newbie
 
Join Date: Mar 2019
Location: Jacksonville
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Can a trade in be repossessed

Okay guys need some input please. I recently went to a dealership and traded in my car and got a new car. New car loan etc. The dealership will be paying off the remaining $1500 on my old car loan. I have been driving my new car for a week now. Also I signed over ownership of my old car to the dealer. I just got a call from my old car loan company that they spoke with the dealership and apparently it will take 30 days for them to get their pay off check. The lady said they dont want to wait that long and if I dont make a payment they will go to the dealership and repossess the old car. My question is can they do that and if they do can I lose my new car?? Thanks so much for the help guys

Last edited by lisanicolelopes; 03-29-2019 at 09:47 AM. Reason: typo
lisanicolelopes is offline   Reply With Quote
 
Reply

POST REPLY TO THIS THREAD

Go Back   Automotive Forums .com Car Chat > Car Buying Q & A

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 04:28 PM.

Community Participation Guidelines | How to use your User Control Panel

Powered by: vBulletin | Copyright Jelsoft Enterprises Ltd.
 
 
no new posts