if i financed a car and found out the deal was a bad one. And now I’m going to another place, but still owe 9,000 for my previous car. If they repo it and if say they end up putting the car in an auction and only get like 4,000 for it, am I responsible for the 5,000 they got shorted. (its from JD BYRIDA)
Originally posted 2009-09-23 06:09:01.
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{ 3 comments… read them below or add one }
yes you do owe
You will be responsible for paying their time picking the car up and putting it through the auction and also the auction fees etc etc if you owe 9000 you’ll probably end up owing 8750 AND you have lost the car.
yes you are shafted.
That really *****. Like the guy said above me, you’re going to have some added fees if they repo and auction it.