Is my car too old for Ford to repossess?

  • Thread starter Thread starter Rozz
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Rozz

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I owe $1500. The car needs about $900 in maintenance. The blue book value is around $2500 after the repairs are made.

Will they repossess it?

I have already maxed out payment extensions, as far as I know.

Thank you.
 
wil or they sue you for it you think of it like if someone owe you 1500 for a car and didnt pay what would you do tak ethe car back or sue them for the money most likey they dont want toi car if its not running so most likey they just want the money so they would take you to court
 
yes they will. and you will be responsible for the difference between what it brings at auction and what you owe.
 
you bet they will repossess it. They will charge you the difference between auction value and what you owe. They will also keep the clock running on interest and late fees and the cost of the tow truck. You could end up paying a couple of thousand more than you owe and not even have the car.
 
yes they will. and you will be responsible for the difference between what it brings at auction and what you owe.
 
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