1. Contact the Lender:
- If you are unable to start the car, immediately inform your lender or the repossession agency about the situation.
2. Explain the Issue:
- Provide as much information as possible about the car's condition and the reason why it's not starting. This includes any recent mechanical problems, warning lights on the dashboard, or any other relevant details.
3. Request an Inspection:
- Ask the lender to send a qualified mechanic or tow truck driver to inspect the car and assess the issue. This will help determine if the problem is minor and easily fixable or if it's a major mechanical failure.
4. Payment Alternatives:
- If the inspection finds that the issue is minor and can be quickly resolved, you might be able to make alternative payment arrangements with your lender. This may involve catching up on missed payments or coming to a new payment agreement.
5. Repossession Process:
- If the inspection reveals that the car has a significant mechanical issue that will take time to repair, the lender might proceed with the repossession process.
6. Moving the Vehicle:
- If the car is not drivable, the repossession agency typically uses a tow truck or other specialized equipment to transport the vehicle. They might also engage in "self-help repossession," where they legally take possession of the car, even if it's parked on private property.
7. Storage and Auction:
- Once repossessed, the car will likely be towed to a storage facility. If you don't redeem the car within a specified time (determined by state laws and the terms of your loan agreement), the lender may sell the vehicle at a public auction.
Remember, the exact steps and procedures can vary depending on the laws in your state and the specific policies of your lender. If you find yourself in this situation, it's crucial to communicate openly with your lender and explore any options available to prevent or delay repossession.
