How long after repossession can I get a car?

How long after repossession can I get a car?

Getting an Auto Loan after Repossession Again, your credit will be negatively impacted for at least seven years after repossession, but there is a good chance that you will need to buy a car well before those seven years are up.

Will a repossession affect buying a car?

Buy a Car with a Repossession on Your Credit Report. A repossession does not mean you can't get a car loan for seven years. There are lenders who are willing to work with borrowers with bad credit, even those who have a repo. … Instead, you will likely have to find a dealership with subprime lending connections.

How much does it cost to get a repossessed car back?

2) The local police or sheriff: The repossession agent has to notify the local police or sheriff's office within one hour about the repossession of the vehicle. Calif. Vehicle Code 28(a). To take your vehicle off this repo list “the debtor shall pay the sheriff [or police] a fee of fifteen dollars ($15) . . .