Took out a car loan with fiance and now the i'm in over my head....?

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Took out a car loan with fiance and now the i'm in over my head....?

Then we broke it off, his name is the primary holder on the lease..I'm a co-signer. I wrecked the car, it now has a few dents, some scratches, and a puncture in the gas tank. All damages would be thousands to repair. My ex took insurance off the car three days after it happened and now won't turn it in. The loan still has 16,000 on it...I'm thinking about just letting the car get repo-ed ...Any better suggestions??

2006-10-27 06:19:21 · 2 answers · asked by prettidancr0 1 in Cars & Transportation ➔ Buying & Selling

2 answers

blow it up

2006-10-27 06:28:10 · answer #1 · answered by cavalier1955 2 · 0⤊ 0⤋

A voluntary repossession is better than them coming to get it.
You the co-signer so you'll be responsible for the difference that
the company gets from when it's sold & whats owed.

2006-10-27 06:27:13 · answer #2 · answered by nbr660 6 · 0⤊ 0⤋