Is the buy back of a recently purchased vehicle a common occurrence?
I purchased a new Honda CRV a few months ago and have been unexpectedly laid off from my job. Do dealerships see this scenario often?
They see requests like this, but they don't just "buy back" vehicles with you walking away owing nothing.
They will offer you wholesale on their buyback number, which won't cover the amount you still owe on the loan. So, you either pay that difference in cash, or keep the vehicle and keep paying on the loan.
Whatever you decide, make sure you contact the lender if you're going to miss a payment. Don't ignore them. Sometimes, they will defer one or two payments to the end of the loan so that you can catch up.
I'm guessing you have a car loan. Your debt is owed to the bank or finance company, not the dealership. This substantiates the argument to never finance a car.
- What does P mean on a parking ticket where your vehicle type is written? As in: Vehicle GRY HOND P? I received a parking ticket and really can't afford to pay it! My friend told me I should look for typos on the ticket in order to contest it. On the ticket where the vehicle type is listed, the line reads: "Vehicle GRY HOND P". I do own a grey honda, but I was not sure what the P stood for? I tried to google but couldn't find anything - please help!
- What do all of these have in common? Sushi, anime, instant(ramen)noodles, futons, ninja's, samurai, sensei's, Karaoke, Toyota, Honda, Mazda, Nissan, Mitsubishi, Suzuki, and Isuzu(there are probably a lot more), Cherry Blossoms, Hello Kitty, and most of our robots. A. They are all from America B. They are all from Japan C. They are all from China D. They are all from Europe
- What if I do not pay back my title loan back on my motorcycle because ir was stolen? I got a title loan in the amount of 400.00 for my 2014 Honda Grom motorcycle. I have made three minimum payments of 125.00 but I still owe around 400.00 because of the high intereat. My motorcycle was stolen from my house, it is time for another payment ans the lender is blowing my phone up. They are threatening repossession but if thats all they can do then i'm not gonna pay it becUse i don't even have it right?
- I recently purchased a motorcycle (HONDA CBR600RR 2009) but the steering makes a funny noise? When I steer the front wheel to the right or left it just makes a squeaky noise. I'm wondering if other cbr600rr owners have the same issue. I took it down to dealership they said its the wiring and its normal. Anybody hear any noises when you try to turn the front wheel right or left during complete stop or when the bike is parked.