Question by : When does a deficiency payments start after car was repo?
The company repo my car last week and want a deficiency payment before the end of the month. My car is not gonna be auctioned till July 26 can they ask for a deficiency payment before my car is auctioned off? I thought defiecieny is what I owe after they sell it. Please help. The company also emailed my friend on Facebook telling them what I owe and they Are not on the loan.
Best answer:
Answer by someone Yes they can ask for a payment. It is a fact the car will sell for less then you owe thus a deficiency exists.
Send them your normal monthly payment
Question by Mark G: WHERE CAN I FIND REPO CAR AUCTIONS IN DAYTON OH?
looking for reposed car auctions in dayton oh
Best answer:
Answer by Jeeves The Dayton Auto Auction is located at 7545 N Dixie Dr Dayton OH 45414 – PO Box 13022 Dayton OH 45413. Below is the information on the repo sale.
RULES FOR REPOSSED VEHICLE SALE
Repo sale is held the third Friday of each month at 11:00 a.m. All bidders must register for a bid number in the office before start of sale for each vehicle purchased. A $ 300 cash refundable deposit is due at time of registration. Registration and inspection after 10:00 a.m. day of sale. If bid is accepted for vehicle, deposit goes toward purchase, a $ 110 buy fee applies to purchase price. No unit removed from auction until paid in full. Must be paid in full by 5:00 p.m. the day of purchase with cash or cashier check. All units are as-is. Auction and Auctioneers are not responsible for any accidents. No children permitted on auction grounds.
I hope this helps you and please take a mechanic with you to avoid getting burned!
Know better? Leave your own answer in the comments!
Question by yvab2009: Does anyone know of any bank repo car auctions in Buffalo, NY?
I would like to know of a bak repo auto auction that is held in Buffalo, NY or near it, the auction is held i believe every thursday.
I would like to know of a bank repo auto auction that is held in Buffalo, NY or near it, the auction is held i believe every thursday.
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Question by adrispina@ymail.com: What can I get in a repo auction for 00?
I am getting a used car through a friend of a friend that flips cars from repo and police auctions. My budget is only $ 5000 and I don’t know what I’m going to end up with. I was hoping for a 07 with less than 30 thousand miles. Is this realistic?
Best answer:
Answer by SOS20 NO NOT REALLY SINCE USUALLY REPRESENTATIVES FROM DEALERSHIPS GO TO AUCTIONS AND PUT DOWN A LOT OF MONEY.
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