A: Within five business days after the repossession, the creditor usually will send you at least two âdefaultâ notices explaining why your car was repossessed and what you must do to get it back. In order to get the car back, you can be required to pay the past due amount along with the costs of the repossession (up to $25) and a deposit of up to two of your car payments. If you cannot pay to get the car back, you will be notified that the car will be sold.