True or False: If a consumer has paid off more than two-thirds of the total purchase price, the dealer can repossess the vehicle without court permission.

In the context of vehicle repossession, the law protects consumers, particularly when they have paid off a significant portion of the purchase price, such as more than two-thirds. If a consumer has paid this amount, they are entitled to certain rights that prevent the dealer from repossessing the vehicle without legal processes, such as obtaining court permission. This is designed to safeguard consumers from unfair practices, ensuring they retain possession of their vehicle even when they may be in default on payments.

The necessity for court permission serves to create a checks-and-balances system that ensures the consumer's rights are respected, especially given the substantial investment they have made in the vehicle. Therefore, repossession in this scenario is not permissible without adhering to formal legal procedures, making the statement false. Understanding these protections is crucial for both consumers and dealers alike, as it highlights the legal framework governing financing and repossession practices in the automotive industry.