The car repossession process is fairly straightforward. First you may receive a letter saying your loan payment is past due. This doesn’t always happen. If it’s specified in your loan contract, you’ll get the letter. A few days after the letter is sent, you’ll get a phone call from the loan company saying the payment is late and asking what you plan to do to avoid repossession. Again, this depends on the loan contract. After a “grace period” (again, check the contract) expires, the loan company hires a repossession company and they take the vehicle, attempting to avoid confrontation. You will then get a letter telling you how much you owe for the loan payment and repo fees.
For more info, see Understanding Auto Loan Charge Offs and Auto Repossession