PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Who do I make my car payment to if the dealership goes out of business?
"What happens to my loan if my dealer goes out of business? I bought my car from a local car dealership who handled all of the financing for me. Shortly after finalizing the loan, I set up autopay and have not missed a payment yet. The other day I noticed that the dealership had a closing sign up front."
Johnny Puckett · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Dealerships usually use outside financing even if they set it up.
If you have autopay set up, you will likely not have to change anything at all. However, if you want to be sure, you should find your original contract and look for the name of the financing company.
The exception to this is of course if the dealership was a
Buy Here/Pay Here
dealer. If that’s the case, then your loan was likely sold to another finance company and you should contact the dealership to find out who you need to pay.”View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies