Repossession occurs when a borrower or lessee has not made payment or is otherwise in default according to the terms of their agreement (Retail Sales Contract or Lease Agreement).

If, for example, you have not been able to make your monthly payments on time, Toyota Financial Services may take back, or repossess, the vehicle.

Click here for more information on how to get your vehicle back after repossession.

If you would like to know what happens after your vehicle is repossessed, including how to recover personal belongings and what happens once your vehicle is sold, click here.