What are your rights if your lease car was repo?

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1266950

2026-03-02 02:35

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If you have stopped making the lease payments, you have forfeited the car and you have no rights. Basically, by not making the payments, the lender believes you no longer desire to have the car and they will take it back and sell it to somebody that really wants that car and is willing to make the lease payments. Usually, any monies you paid during the lease are also forfeited ... you walk away with nothing, basically. Always always read ALL the fine print before signing any document.

You may also be responsible for all the costs associated with the repossession, any damages and depreciation.

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