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Thread: Have any of you ever had a car repossessed? **Advice Needed**

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    Featured Member Amy Lee's Avatar
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    Dizzy Have any of you ever had a car repossessed? **Advice Needed**

    Hey ladies. So I am ambitious and have even went to war zones to make money as a contractor (I was a soldier). The reason I say that is to let you know I am willing to do what it takes to help myself by any means.

    Now with that out of the way I used to have a lot of money. I purchased a vehicle with my lazy ex boyfriend (he just went with me to keep the men from cheating me out of a price). Well he was no help and since I could afford it at the time I got a new Ford Explorer with payment of $485 a month. It was weird because I had excellent credit and gave them a good trade in but I wasn't thinking I guess.

    Now here I am 3 years later working for the largest corporation in the world making less that 35k a year. I do PSO on the side but I have zero motivation to do it half of the time because I am kind of depressed to be honest.

    After paying all bills to include car I have $25 left for the month. I am almost 60 days behind and this will be the 3rd time....

    I've tried to refinance.
    I've tried another car at the dealership.
    I've tried Carmax.

    I don't know what to do. I don't have anyone to talk to about this. I was told that the next time I am late that they would take the vehicle...I almost want them to so I can get this monkey off my back, but in this town I moved to you actually NEED a car.

    Any caring advice would be great. I am really sick and tired of struggling.
    Last edited by Amy Lee; 10-06-2016 at 08:21 AM.

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    What do you need advice on specifically?
    As for how to make money, lots of information on this site but you have to figure out what you're comfortable with.
    Don't get rid of the car. You'll only find yourself in more of a bind. It's time to hustle that's all. Shot you a pm.

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Based on your picture, I'd just dance a couple nights a month and keep the car until you can sell it without taking a large loss. Maybe the clubs are too close to home or something ? I'm not sure, but you could definitely make $500+ with just a couple nights a month dancing.
    Last edited by carmen_b; 10-06-2016 at 09:39 PM.

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    You should trade it in for something that you can afford. You should probably also get something more fuel-efficient to save money on gas.

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Quick and dirty? Put it in a locked garage - they need a court order to open. Just letting them take it is NOT a good option because they add 1000s in fees. Call every day, face the problem, make small payments even if they tell you that you can't. Collectors talk tougher than they can actually do. During college I spent the most horrible summer of my life as a collector, that is how I know this stuff..... Best luck
    Where Am I? Missing NYC


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    God/dess whirlerz's Avatar
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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Idk, but w/that bod you could do almost anything?
    Good luck!


    MANY MEN WANTED TO LAY ME DOWN, BUT FEW WANTED TO LIFT ME UP

    -Eartha Kitt

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    How long do you have left until it is paid off?

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Are you upside down on it still?

    This is a terrible option but you could just trade it in to get something with a cheaper payment... you might get screwed as far as tacking on even more $$ to the total loan but you'd be out of the current issue of almost getting it repo'd... that's not something you want on your credit and you do need a car.

    There's also trying to find someone to take over the payments if the finance company will allow it.
    "People jack off with the left hand and point with the right."

    "You can check out any time you like, but you can never leave."

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    If you do not mind, give us more information on the exact financial state of the car, payments time left purchase price etc

    I know it is personal, but it would help with advice

    you may also post in dollar den

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Check your state laws regarding what repo men can & cannot do. Bahubas advice is spot on.

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    Featured Member Violethollywood's Avatar
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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    i got my car repossessed last may. and at the WORST time possible. I'd go into detail, but that's giving away a lil too much about my life. anyway these mother fuckers came and got my car and I had to pay a 375 dollar repo fee, 150 dollar lot fee plus what i owe. I ended up paying almost a grand that i didn't have . And they took my car an hour away from me in the next town. I WAS FUCKING PISSED. I was only 2 payments behind and i had lost my day job a few months prior to no fault of my own (no seriously ) . It was totally out of the blue and so since then i had been struggling to make my bills b/c i didn't really have anyone else to help me. Idk what it's likewhere you live but they should send you a letter stating it's in repo status .

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    I have had two cars repo-d when I was younger and a little less responsible with my money. If it DOES happen it is not the end of the world; you will be able to buy another car- but you would need some time to come up with a down payment; which might be hard for you right now. If you bought the car 3 years ago you likely have paid it down quite a bit; I recommend trading it in as well. Also, look at other bills you can cut/ eliminate. For example if you have cable you can cancel it and get a Roku or Amazon firestick- look at your cell plan and see if there is anything there you can take-off or reduce to make the bill less.
    XoXo Gia
    Danielle Fishell (the Dish): "If the Super-Star thing doesn't work out, Gia makes a great stripper name"

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Quote Originally Posted by Bahuba View Post
    During college I spent the most horrible summer of my life as a collector
    Off topic but I would love to hear more about this.

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Quote Originally Posted by Genoveve View Post
    Off topic but I would love to hear more about this.
    LOL if I tell the whole story here the thread will get shut down. Suffice it to say I learned more about human misery in that one summer, both mine and other people's, than I ever wanted to know. Most collectors are a barely a half step above the people they are collecting from. At least 1/2 of debtors (what we called people who owe money) are in debt for reasons that would break your heart in two.

    PM me though if you have questions I'll try to answer.
    Where Am I? Missing NYC

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Hey once you get this crisis addressed my advice is get rid of the Explorer & buy a salvage title vehicle. They're cheap & if they come from an experienced workman they are reliable. Basically if your income stays low you can't dump money into cars. It won't help you long term...

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Off topic - I knew a repo man who got shot trying to repo a car. It's an ugly business.

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Yea, they had a show about repo the guy got shot in the face, & still kept working


    MANY MEN WANTED TO LAY ME DOWN, BUT FEW WANTED TO LIFT ME UP

    -Eartha Kitt

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    Default Re: Have any of you ever had a car repossessed? **Advice Needed**

    Quote Originally Posted by Bahuba View Post
    I learned more about human misery in that one summer, both mine and other people's, than I ever wanted to know. Most collectors are a barely a half step above the people they are collecting from. At least 1/2 of debtors (what we called people who owe money) are in debt for reasons that would break your heart in two.
    I believe it. I read an article once about a guy who was a 'luxury repo man,' his job was to repo things like private airplanes and jets and yachts. He said he had started out as a regular repo man and that being a luxury one was definitely a lot easier psychologically because it was a lot better to be repoing someone's yacht than it was to repo someone's car with babyseats in the back...

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