I paid $1300 down payment for my car got approved by the bank and got liability insurance before anyone signed the contract. The contract staes that full coverage is strongly suggested. Can they repo my car and keep my down payment 2 weeks later because of it not beimg full coverage. They checked it all before signing and agreed like I did
The finance company can only repo if you are in default of the agreement. If the agreement says you need liability insurance and you have liability insurance, then you may have a good defense/claim. Suggesting full coverage is not binding.
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