In Arizona do you have to pay the balance in full if your car is repossessed?

In Arizona, you are not required to pay the full balance of your auto loan immediately after your car is repossessed. However, you are still responsible for the debt. The repossession process usually involves the lender selling the vehicle at auction. The proceeds from the sale will be applied to your loan balance. If the sale price doesn't cover the entire debt (including repossession fees, storage fees, and any other associated costs), you will still owe the *deficiency*. This is known as a deficiency balance. The lender may then pursue legal action to collect this remaining amount.