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If my car get reposed. Whats the worst that could happen?
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If my car get reposed. Whats the worst that could happen?



    




Auburn
Rating
They can after a while, auction it off for a lower price that you owe and then make you pay the difference.


john doe
i had a truck repossed and it wrecked my credit. also they wholesaled it and i was responsible for the amount left over to pay it off.


♪♫♪justpassingby♪♫♪
Rating
Say good bye to good credit and trying to find another good dealer to sell you a car for a long long time.


ReReBaby
Rating
This could go on your cridit report!


rocky w
first they will auction off the car, then they will sue you for the rest
if they can't get enough, eventually they will attach your wages, apart from going bankrupt ,they will get their money


donie_b49
The lender will sell the car for whatever they can get for it
Then
they will come after you for any deficit plus costs
in other words they sell it for lets say $2000
you owe lets say $2500
They will come after you for the difference of $500
plus the cost of legal matters to repo car and the fee that the repo man charges and any storage they pay while its being held before it's sale


p h
Rating
You will be on foot and your credit rating will be in the sewer!


merlinswrench
Rating
it will mess your credit , they will sell it hopefully for what u owe


The Avatar
Rating
You lose the car, and get a bad credit rating. They may hound you for back payments, also.





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