If your car was stolen and you have already bought a new vehicle will you still owe on it if you report it to the bank?

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1229985

2026-08-14 11:21

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WHEN your car was stolen or how many other cars you have bought doesnt really matter to the bank. You will pay the balance due on the contract one way or the other. good Luck

Having the car stolen doesn't matter. Loans are issued by banks--not insurance companies.

You are responsible for all loans to the penny. In your case, your only recourse is if you had comprehensive insurance...

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