Repossessions: 4.6.2.1 Generally
When a vehicle is sold to the consumer on credit, the dealer retains only a security interest in the vehicle. No re-labeling of terms can change this fact.288 Despite this fact, the dealer in a yo-yo transaction rarely considers itself to be only a secured party, but rather views itself as the owner of the vehicle who can seize the vehicle without complying with Article 9.