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Can you get arrested for hiding your car from repo?
Yes. It’s called “hindering a secured creditor.” The creditor (bank, lender, etc..) has a property interest in that car. If you hide, destroy, sell, strip...
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Can you recover a repossessed car?
Often, a bank or repossession company will let you get your car back if you pay back the loan in full, along with all the repossession costs, before it’s ...
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Why are cars top speed electronically limited?
Your kinetic energy increases with the square of your velocity and many cars with speed limiters are sold that way because the tyres they’re sold with as ...
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How do rebates work when buying a car?
A rebate is a set amount of money taken off the price of a vehicle at the time of purchase as a way of motivating the consumer to buy a particular model w...
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Is it good to finance a car through dealership?
In general, you can usually get lower interest rates on a new car through a dealer than on a used car. In fact, some dealers may offer promotional financi...
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Why did they call it Pajero?
Editor’s note: In Spanish-speaking countries, the Mitsubishi Pajero is known as Mitsubishi Montero. It was first named Pajero after the pampas cat (leopar...
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How many days do you have to return a used car in Virginia?
In an “As Is” sale, if you do not get the AS IS statement on the front of your buyer’s order, and do not get the Buyer’s Guide, you have 30 days to cancel...
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Do you have to pay off a totaled car?
The very short answer to this question is: you are still legally obligated to make your monthly loan payments to the bank or financial lender until the lo...
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Can I get a car loan with 2 repos?
Subprime lenders may finance you with one repossession on your credit reports if it’s over a year old, but usually not if you have multiple repos. It can ...
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How can I get approved for a car loan higher?
In this article: Make Sure You Have Good Credit. Have a Source of Income. Be Able to Prove Your Identity and Residence. Consider Getting Preapproved. Have...
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