Repo agents will be able to find your car anyway. They use certain technologies such as cameras to capture license plates or even GPS locators.

Surely you know how important it is to pay loans on time, but we all periodically face emergency difficulties that require immediate financing. If you are late on your car loan payments, you may face a number of unpleasant consequences. Some people think that if they hide their car somewhere, it will solve their problems. Moreover, many of them think about hiding it among other cars so that the lender or collector cannot find it. However, can a repo man move another car to get to yours? Can a repo man open your garage? Can the repo man find your new address?

Can A Repo Man Move Another Car To Get To Yours

Buying a car is a big financial decision, especially if you’re buying a new vehicle. Most often, in order to buy a car, people use a loan, which helps them pay off the money in regular payments under certain conditions. However, things don’t always go as planned.

Even if you were confident that you could pay off your car loan on time, life circumstances can turn against you. So, if you are behind on payments, then most likely you are looking for the easiest way out of this situation. More often than not, people try to hide their car, as they’ve heard that the repo man can’t move objects to get to your car. However, is this true? Learn more about what car repossession is, if it’s dangerous, and how the repo man can find your car. You will also get an answer to the question whether it makes sense to hide your car in order to avoid negative consequences.

What Should I Know About Car Repossession?

As you know, repossession means reclaiming something. Thus, if you cannot pay your debt on time, the ownership of your car is reclaimed by the lender in order to cover your debt. It’s also important to note that your credit history can also affect car repossession, as bad credit debtors are much more likely to get their cars and other vehicles repossessed. You must understand that any assets may be repossessed in order to cover the debt of the loan which you cannot repay on your own.

You should also understand that neither the bank nor the leasing company will let you know when they are going to take your car or other property.

How Can I Know That My Car Is In Danger Of Being Repossessed?

As already mentioned, we can neither predict nor prevent emergency situations, so sometimes all that remains for us is to deal with them. However, this often leads to the fact that we cannot pay off the car loan debt on time. If this situation continues for several months, there is a chance that your car will get repossessed.

However, you should pay attention to the fact that there are a huge number of factors that affect repossession. Who gave you a loan? How often do you miss payments? What is the agreement between you and your lender regarding missed payments? What is your credit score? How much time do you have to pay off the debt? So, depending on the situation, repossession may not even happen. If this is the first time you’ve missed a payment, chances are you have nothing to worry about. However, if this is not your first time and you have a bad credit history, you will have to prepare for the worst.

How Can A Repo Man Find My Car?

If you have missed payments for a long period of time and have bad credit, the chances are that your car will be repossessed. The only thing you can do to stop the process is to fully cover your debt with interest. However, what if at the moment you do not have money to pay off the debt?

In such situations, people often try to hide their car in a garage, change their address, move to another state, etc., but will it work? Definitely not. All of the above solutions are temporary and repo agents will be able to find your vehicle anyway. They use certain technologies, so finding the right car is not such a difficult task for them.

Will It Help Me If I Hide My Car?

The short answer is no. Even if you hide the car or park it far from your house, repo agents will find it anyway. Let’s see why.

When filing for the lease, any person provides a large amount of information about himself. This way, after you overdue your loan, your information will be passed on to the repo man to make it easier for him to find your car. The first thing it will check is your address, so if your car is parked outside or near your house, it will find it almost instantly.

However, many people try to hide their car away from their house, so the repo man will also investigate the 3 block radius from your house. He can also follow you when you go to your car, or study the parking lot of your workplace. Thus, when a repo man sees you near your car, he will call the towing service to repossess your car.

Can Repo Man Find My Car In Another State?

Many people believe that moving to a new state will save them from car repossession, but this is not true. It may have worked before, but now repo agents have access to the internet and a lot of technology to find your vehicle. They now use cameras to capture license plates, after which the computer matches it to data of loaners who are in arrears. Moreover, some repo agents also use GPS locators, which will make life even more difficult for you. So hiding car from repo man is absolutely pointless. You don’t even have to wonder “what happens if repo man can’t find my car” because he can find and repossess it anyway.

Can Repo Man Go In My Garage?

The easiest way to avoid car repossession is to keep it locked up in the garage. Of course, the repo man can pick up your car if your garage is open, but if it’s closed, the chances of the repo man picking up the vehicle are low. So while they can pick up a car parked outside, they still can’t enter private properties.

However, even if the repo man can’t get to your locked car in the garage, it won’t help you in the long run. After all, sooner or later you will need your vehicle and then a repo man can pick it up.