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Do I still have to pay my car loan if the police impound the vehicle?
"My vehicle was impounded as part of an investigation. I'm not sure how long they'll keep it or whether I can retrieve it at some point.
Do I still have to pay my car loan?"
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Yes, you still have to pay your car loan. However, you should go down to the police station immediately to see when and if you can get your car back.
As long as your car isn’t evidence or used in a felony, you should be able to get your car back after you pay the impound fees.
Just remember that impound fees accrue daily. The sooner you get your
impounded car
back, the less money you’ll pay.”View full answer
- Gregory R.
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