my car might get repoed, advise???

StealthFighter1

StealthFighter1

Spectator
so about a month ago work was fine , things were rolling....then the shop i work at closes down overnight, the money i had in the bank was enough to pay my bill for the month , thanks to my money planning , however that was almost four weeks ago and i've not found a job yet, i have about 10 days to come up with a car payment ($360) ,rent ($1,000), insurance ($270) and gas money ($varies)..... i have not found a solid job offer at this point and i'm affraid the car i've financed ( 03 tiburon GTV6 ) might get repocessed. i'm kinda scared.... ok enough sob stories.....what usually happens in such a case? i'm bummed about losing the invested money and it's my dd . should i try to get an extension from the bank ? should i just take my belongings out of it and watch it go? am i going to have to pay it off anyway even if they take it? any advise? :( :( :(
 
I feel ya man im in the same shit only thing is im already carless and its hard to find a job in naples right now atleast a good paying one
 
Nah, if you fault on 1 month, they arent going to come get the second you are past due. Now 2-3 months, yes they will come get it.
 
bank was goin to repo my truck....because i missed 2-3 payments...they will use ur title as colatiral (spellcheck)....pm sent
 
yeah if you are just in default on one payment you should be ok. but as soon as you can you need to pay for it though. also jose, check your pm's
 
You won't have problems for a month of not paying. I have a friend who didnt pay for 4 months and they still didn't get his car. They'll call after a month or so. Just don't let it go that long.
 
3 months your good, my sisters car is about to get repo'ed and its been a few months since she last payed for it!!
 
j0nes said:
call the bank and see if they can give you an extension.
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Exactly. Call all your creditors for that matter. If you have a good credit history, they are likely to extend all your payments without penalty. Just don't hide from the creditors - be proactive.
 
Best of luck man i went through the same thing a few yrs back with my maxima the car got repo's after the 1st missed payment and i had to pay off the remainder of the loan after it was auctioned off and there was no way to fight it or go around it. hope every thing works out.
 
car max is like a big ass dealer.. i think that they have a website so you can find there cars. but if you dont have the money for the monthly payment im not sure how you are going to be able to buy a car out right in cash?? gl either way
 
stlthftr1 said:
how does this carmax thing work dude?
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You drive in. They appraise your car. Then they low ball the fuck out of you and make you feel like you'll never be able to get anything else for it.

In 2000 I had a near flawless 98 GTi VR6 I wanted to get rid of fast - had 76k-ish miles. KBB was like $16 or 17k at the time. They offered me $9000. I laughed and left.
 
Just find a job, wal-mart and macdonalds are always hiring. At least those give you some cash to at least pay rent
 
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