![]() ![]() Depending on your specific contract and loan terms, however, you may have to pay the full balance of the car loan to get your car back after Exeter Finance repossesses it. In most cases, you will need to make all missed payments along with any associated fees - including late fees, towing, storage, and processing fees - to reinstate your loan and have your vehicle returned. You may be able to get your car back after Exeter Finance repossesses it, but this ability will vary based on your loan agreement and payment history. Īdditionally, keep in mind that how quickly Exeter Finance repossesses your car will depend on where you live and the state laws regarding repossession. You can find out if you’re eligible by calling (800) 321-9637. Be aware interest will still accrue and this will prolong payments by the length of the extension. ![]() If eligible, you may be granted an extension. If you think you may be late on your upcoming payments, you should contact Exeter Finance immediately. Representatives were unable to share how many times Exeter Finance would attempt to contact a customer before physically repossessing the vehicle. Exeter Finance begins contacting customers by phone and email after the first missed payment, customer service representatives said. The representatives also told us that Exeter Finance typically handles repossessions on a case-by-case basis, depending on the customer’s specific loan agreement and payment history with the company. However, we spoke with customer service representatives at Exeter Finance who told us that in general, the company will begin repossession procedures after two consecutive missed payments. ![]() Exeter Finance Repossession PolicyĮxeter Finance does not publicize much information about its repossession policies. For more on Exeter Finance’s repossession policy, see below. If Exeter Finance repossesses your car, you may be able to get it back by making all back payments and paying the associated fees. “DAA is extremely intentional about creating a culture of service.Exeter Finance generally begins car repossession procedures 80 days after a missed payment, but it handles all repossessions individually. What is most impressive about their award program is how they involve their entire team when choosing the recipients. ![]() “Congratulations to all the winners!”ĭAA Seattle general manager said in a news release: “We are grateful for our relationship with Exeter Finance and honored to receive the 2022 eXcellence award. “The winners of this year’s awards are true leaders in the remarketing industry and have a reputation of building great teams and excellent customer service,” Huisman said. “We realize that every car that runs through the auction process requires hands-on experience to ensure these assets are handled at the most efficient levels,” said Brent Huisman, senior vice president of remarketing and repossession at Exeter. 2023 Remarketing Auction Award winners - Exeter FinanceĭALLAS, TEXAS, USA, April 18, 2023/ / - Brent Huisman from Exeter Finance announced its Auction eXcellence Award winners at the recent CAR Conference, spotlighting top auctions across four categories.ĭivision 2 winner: America’s Auto Auction St. ![]()
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