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Picture Information
URL: http://riceornot.ricecop.com/?auto=90296
Submitted by: Low-Tech Redneck
Comments: 10  (Read/Post)     Favorites: 0  (View)
Submitted on: 12-24-2013
View Stats Category: Truck
Description:
Well, you could do that. But if you're behind on your payments, we'll still repo your ass.


   Comments

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#1
12-25-2013 @ 06:32:17 PM
Posted By : Sensekhmet Reply | Edit | Del
He really did take his wheels off to avoid being towed? o_0

#2
12-25-2013 @ 06:58:50 PM
Posted By : Obsidian Reply | Edit | Del
Put heavy dolly wheels under it - it's still coming with us!

#3
12-26-2013 @ 11:52:37 AM
Posted By : Low-Tech Redneck Reply | Edit | Del
#1, I have a feeling it was more a case of "They can have the truck, but I'm KEEPIN' those 22'' aftermarket rims because I paid GOOD MONEY for em' and they're MINE!"

He also had some kind of aftermarket fake hood-scoop on it, took that off too, you can still see the outline where it was, and the leftovers of the sticky-tape he used to put it on.

Had he even put some of that money towards a payment or two, he might still have the truck.


#4
12-26-2013 @ 02:09:45 PM
Posted By : ricerocketboy Reply | Edit | Del
#3, Not really. Any truck with "REDNECK" stickered on it does not have 22s.

#5
12-26-2013 @ 03:28:12 PM
Posted By : Skid Reply | Edit | Del
#4, I've seen similar.

#6
12-26-2013 @ 05:42:17 PM
Posted By : Sensekhmet Reply | Edit | Del
#3, I know this is probably a question for a bank, not you, but how far behind the payments do you have to be before your car/truck/boat/bike gets towed? Is it like one fuck-up and you're done or can you (re)negotiate?

#7
12-26-2013 @ 05:56:02 PM
Posted By : wannabemustangjockey  Reply | Edit | Del
http://en.wikipedia.org/wiki/Reposession

#8
12-26-2013 @ 07:32:39 PM
Posted By : Skid Reply | Edit | Del
#6, Theoretically it can be done with one late payment, although generally several payments missed before it's attempted; no dealership or bank (whoever financed the car) is that eager to repossess a vehicle.

#9
12-26-2013 @ 07:48:15 PM
Posted By : wannabemustangjockey  Reply | Edit | Del
#8, Can you imagine the negative reputation a company would get if they repo'd every car that was a month late on payments? People would probably shun them en masse as predatory lenders or something, heartless bastards at least. Admittedly, it would make for entertaining reading on Yelp.

#10
12-27-2013 @ 02:10:59 AM
Posted By : Low-Tech Redneck Reply | Edit | Del
#8, Pretty much, depends on how much they owe, how likely they are to pay up, how many times in the past they've missed before, but as you said. The bank generally doesn't want your PROPERTY, they want the MONEY and will usually accept even small amounts paid towards the balance before they'll repo you.

I've seen a few very stingy lenders that repo after as little as one missed payment, but generally, the stuff we repo is from people who are really really REALLY deep in that hole or are unrepentant deadbeats who never even make the FIRST payment and figure the 6 to 12 months they can dodge the repo man is worth it for having the car/truck/whatever.


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