Will a repo company take a car that has no engine in it?
I'm financing a car, but I haven't been able to make payments for about 60 days. In addition, the engine blew up about six weeks ago. Will a repo company take a car with no engine?
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Answered on May 05, 2021
“It doesn’t matter if the car has an engine or not. In most cases, the repo people won’t even look. They’ll just hook the car up to the tow truck and drive off.
However, you’re still on the hook for the rest of your car loan, which will be the remaining balance after they sell the car. Since your car has no engine, don’t expect the lender to get much for it.”
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