Car transfer that is title may cause repossession, even though purchasing from licensed dealer

Car transfer that is title may cause repossession, even though purchasing from licensed dealer

Car transfer that is title may cause repossession, even though purchasing from licensed dealer

Your vehicle could be repossessed after purchasing it without having a name, a predicament that is more widespread than you possibly might think and will take place even if purchasing a vehicle at a dealership that https://signaturetitleloans.com/title-loans-oh/ is licensed.

“we place $1,500 down, he gave me personally a receipt, we returned the following day with $500,” Tonika Brown told the ABC 7 I-Team.

She made the advance payment on an utilized Nissan to automobile dealer John Willis of JLW Automotive, conducting business as Automonsta, in Chicago’s Lawndale community.

Just a few months later her temporary plate expired. Then she contacted her automobile finance business.

“They delivered me personally a page saying they’d to straight straight back out from the handle the dealership simply because they could not obtain a name compared to that car,” Brown explained.

Without any name, Brown came back the vehicle to your dealer.

“He provided me with this Windstar van and I also asked him, ‘we said exactly what am we expected to do using this?'” she stated. “‘Just drive it around for a tiny bit.Continue Reading