Car Repossession and What You Can Do to Avoid It - The Repo Recipe

Having your car repossessed is stressful and nerve-wracking. Make sure you watch this video to learn how you can avoid this.

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[michaelsmith]

QUESTION: How do banks find an RV to repossess
if it's being driven around the country?

[emersonc]

I mean I have a 3 year loan on my pick up truck from 2005, however it will retain its value unlike other vehicles. Only reason I did payments is because I didn’t want to blow all my cash and my rate was only 5.75%.

[cryptoOFkingz]

When you talked about "we never take a loan over 72 months" who is "we"? Are you referring to the reposesor?

[Roguesheepdog]

Wrong if you cant buy it with cash you cant afford it.

[wendellwalters]

How about your car 10 years old and over 50k, How does 10 year rule apply?

[joeyork]

People are taking a 8 year loan for new car.

[OneDeepI]

I make payments on a 2012 dodge charger 800 a month for a 12 month term with 167k miles Is that good or did I get fucked

[DeshoneTheAutoAdvisor]

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[Steve-ewsl]

At least I don’t make anymore car payments I completely paid off less than 1 year
No one can repossess my car

[lubu]

Question.


Why do we see a video of car repos instead of police walking up to a person house and telling him to hand over the car to the agency or the bank, or face criminal charges of theft, by the equal remaining amount of course.

[majikne]

My car got stolen a kia amd they still wanted lme to pay for it

[otgenius]

Why would you want car payments sucked from you for 6 years????😂

[seanjohn]

You should be a millionaire bc I see people doing the same thing all the time