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Auto Loans and Repossession Creditor actions following late payment or default on motor vehicle loans.

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Old 08-14-2007, 03:54 PM
milah002 milah002 is offline
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Default Unrepairable Car and Obligations To The Lienholder
Okay, here's my dilemma:

About 2 months ago, after trying several small repair facilities first, I finally had my 2001 Oldsmobile Alero towed to the local GM dealership because it wouldn't start. After paying $800 for a new fuel pump, I took it home to find that it wouldn't start again that very same day. The next day they towed it back in and kept it until last week(abt 2 months total). I was "told" that they replaced a sensor in the computer system and the crank shaft. The next day it stalled in the middle of the drive-thru before receiving an oil change and wouldn't start back up. The dealer once again towed it back the next day and had it ready for me to pick up later that afternoon. This time my service advisor literally told me he didn't know what was wrong with my car and showed me how to crank it the next time it wouldn't start. Of course, the next day after getting it home, I was unable to start the vehicle even after trying what they guy showed me.

Now, my problem is I have a vehicle sitting in my yard that is unable to be repaired, even at the dealership, that still has a lienholder. With 2 years of payments left on the vehicle, I can't even get a new vehicle until I pay the balance off. I just don't think its right that I have to pay for a vehicle that can't even be repaired. I was wondering if anyone could give me some options as to where to go from here. Is it possible that since it is considered "unrepairable" that my insurance company would be willing to total my vehicle? It is in very good condition, but does have about 110K miles on it, so I probably owe a little more than it is actually worth, but whatever amount can go towards paying the balance and would be a big help. Also, does anyone know if dealerships take vehicles that don't work as trade-ins towards a new vehicle? Or, do you think they would consider rolling over my loan towards another vehicle? Someone, anyone, please help and give me an idea where to start!
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Old 08-14-2007, 04:02 PM
jk jk is offline
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Default Re: Unrepairable Car/Lienholder
there is no such thing as a vehicle that cannot be repaired. The problem is with who is attempting to repair the vehicle. Apparently they are not trained well enough or insightful enough to discover the problem.

No, the insurance company will not pay you for a totalled vehicle but that is a good try.
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Old 08-15-2007, 09:29 PM
Betty3 Betty3 is offline
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Default Re: Unrepairable Car and Obligations To The Lienholder
Agree, the ins. co. won't total your vehicle just because you haven't been able to get it repaired correctly. If you were in an auto acc. & it was totalled - that's a different story.

I would suggest taking the car elsewhere to have it looked at - you just haven't found the right place yet.
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