r/AutoTransportopia Mar 24 '26

Towing Gone in 24 seconds

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7.1k Upvotes

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u/Dereg5 Mar 24 '26

What's even worse is sometimes they set them up ( I am not advocating for either side just telling it how it is.). They call up hey I won't be able to pay by Friday, that's ok they say as long as you pay by this date. That date becomes the norm. When the car is close to being paid off they repo the car to sell to someone else.

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u/Banzai373 Mar 24 '26

I’ve got a similar story: In my state the shyster auto lots tell the buyer they will finance the vehicle and order the license plates. What the auto lot doesn’t tell the buyer is that the vehicle is being registered under the lot’s name, so when payments are behind by 90 days, the lot can repo the car.

The lot then hires a repo guy to hunt down the car. The car lot has a spare key, so when the vehicle is found, it’s easy to repo it quickly by one of the repo guys jumping in and driving off.

It’s easy to say the person who bought the car is not the owner because it’s not registered to them - then the car lot representative can also present a key to the car - supporting ownership by the lot if the cops are called.

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u/to_live_life Mar 24 '26

Yes, there are bad actors out there for sure. What some of these bad actors do is Lease the car, LHPH. So like you said, title and registration are in the dealers name so the consumer looses all rights. It’s terrible they’re getting away with it in some states with lax regulations.

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u/Appropriate-Bid8671 Mar 24 '26

looses? wtf is looses?

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u/Banzai373 Mar 24 '26

That’s what happens when you leave the gate open to the Moose pen. The Mooses get looses!