- Jurisdiction
- California
Is there some sort of time frame for a loan company to repo a vehicle? The last payment was around 2007. I'm sure there was an attempt to repo the car but it never happened. The loan has been off my credit for years (4-5 years). My plan is to register the vehicle, the dmv told me the amount owed etc. Small fortune, but after the fees are paid it will be legal to drive. It was never my intention to keep the vehicle but after this amount of time, I may as well drive it. I'm sure the title will still state a lien holder. Meaning I will ever be able to sell it etc, doesn't really matter to me. I don't wanna spend around 2k getting the vehicle legit to drive and if by some miracle the loan company decides to look me up again and take the vehicle.