If you made a car payment in five years can the bank repo car?

If you miss or make late car payments, the lender can repossess your vehicle. In most states, the lender has the right to repossess your car if you default on the loan. The definition of default varies from state to state, but it typically means missing a certain number of payments (often three to four).

Even if you have made payments for five years, if you stop making payments after that, the lender can still repossess the car. The bank will send a notice of default to the borrower 20 days before the repossession. After the 20-day grace period the lender has the right to repossess the car at any time.

However, some lenders may be willing to work with you if you are having trouble making your payments, such as by deferring payments or modifying the loan terms. If you are struggling to make payments, contact your lender as soon as possible to discuss your options.