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Repo of Rent-to-Own Rims
Posted on 6/28/09 at 6:41 pm
Posted on 6/28/09 at 6:41 pm
How does this work if you still have a car note?
Does the rim repo crew show up and leave your car on blocks? Then your auto lender shows up for repo surprised to find the car without wheels? Or, do the rim people replace your wheels with standard size?
Alternatively, if the auto loan people get to your car first, what is the recourse available to the rent-to-own rim company?
Does the rim repo crew show up and leave your car on blocks? Then your auto lender shows up for repo surprised to find the car without wheels? Or, do the rim people replace your wheels with standard size?
Alternatively, if the auto loan people get to your car first, what is the recourse available to the rent-to-own rim company?
4
Posted on 6/28/09 at 8:41 pm to Bayou Tiger
quote:
Does the rim repo crew show up and leave your car on blocks?
yes
I have also seen a stereo system repo, needless to say repo people don't care about how your car looks when they are fininshed
Posted on 6/28/09 at 10:44 pm to Bayou Tiger
Why on earth would ANYONE rent to own rims??? If you can't afford to just buy the rims, then DON'T BUY THEM!
Posted on 6/29/09 at 2:35 pm to Bayou Tiger
FWIW I work close to a credik union. The parking lot is full of repossessed cars with rimz and fancy customization.
One in particular made me chuckle....it said "Top $" in big chrome letters on the back glass.
One in particular made me chuckle....it said "Top $" in big chrome letters on the back glass.
Posted on 7/1/09 at 1:03 am to Bayou Tiger
quote:
Or, do the rim people replace your wheels with standard size?
I dont know much about Rep guys, but I'm fairly certain THAT is not happening, lol.
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