Can a car dealer charge you for a car that they reposesse?

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1207863

2026-03-25 09:40

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If you buy a car that you cannot afford down the road, and it is repossessed, then ALL the remaining costs are paid with the repossession of the car. NO further car payments need be made for the car itself. The interest on your loan however is a different matter. If the difference from the value of the vehicle does not over lap the interest on your loan, then yes, you will have to pay more money. If your loan was through the dealership itself, then you can fight any recurring bills in court after the vehicle has left your possession.

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