In the United States how many car payments can you miss before the can repo it?

United States
December 4, 2006 4:11pm CST
Is it three months?
1 person likes this
3 responses
@teresebry (128)
• United States
4 Dec 06
With the major financing companies like Gmac it is 3 months, but some of these small used car lots that use other financing sometimes give you less time. This just happened to a friend of mine. She was 6 weeks late and had contacted them once to inform them she would be late and when they could expect payment. They came and got it anyway. I think the laws would vary from state to state also. Hope that helps.
1 person likes this
• United States
5 Dec 06
Thanks for the information.
@lucy02 (5017)
• United States
8 Dec 06
Usually its 3 months, but I heard recently that some states repossess after 1 missed payment.
@beckyomg1 (6761)
• United States
6 Dec 06
it all depends on the institution that you have your loan with. some only give you a month others give you longer.