What is the name of your state?I live in CA.
Over ten years ago, I bought a lemon ( an '88 Dodge Dakota) from a used car dealer, for a total price of $5300, paying $1000 down payment.
I made payments on the truck but stopped a year after purchase with about $2800 remaining on the balance.
I wrote the dealer several times requesting he send me statements every month reflecting the balance. I stopped making payments on the truck, hoping he would repossess it but he never did.
I haven't heard from that dealer in over ten years. Last year the truck was stolen, then recovered with damage, actually in the same condition I first bought it in.
I would like to fix it, but want the pink slip.
Is the contract still effective, and if so, how can I go about getting the pink slip without paying off the balance?
I think the dealer knew the truck was a lemon and that's why he never repossessed it or asked for the balance.
If there is no way to get the pink slip without paying the balance which is more than the truck is now worth, how can I dispose of this truck? Can I sell it to a salvage yard? Can I go through DMV to get a pink slip on it?
Thank you.
Over ten years ago, I bought a lemon ( an '88 Dodge Dakota) from a used car dealer, for a total price of $5300, paying $1000 down payment.
I made payments on the truck but stopped a year after purchase with about $2800 remaining on the balance.
I wrote the dealer several times requesting he send me statements every month reflecting the balance. I stopped making payments on the truck, hoping he would repossess it but he never did.
I haven't heard from that dealer in over ten years. Last year the truck was stolen, then recovered with damage, actually in the same condition I first bought it in.
I would like to fix it, but want the pink slip.
Is the contract still effective, and if so, how can I go about getting the pink slip without paying off the balance?
I think the dealer knew the truck was a lemon and that's why he never repossessed it or asked for the balance.
If there is no way to get the pink slip without paying the balance which is more than the truck is now worth, how can I dispose of this truck? Can I sell it to a salvage yard? Can I go through DMV to get a pink slip on it?
Thank you.