2007-02-16 19:16:27 · 4 answers · asked by yang170906 7 1 in Cars & Transportation ➔ Insurance & Registration
eventually they will repo it then sell it you will get stuck paying difference
2007-02-16 19:22:21 · answer #1 · answered by gregs111 6 · 0⤊ 0⤋
You can take the car to the place where you got the loan, tell the loan officer you want to do a voluntary repo. Leave the car there,they will sell it at auction, if you owe more than the car sells for at auction, you will have to pay the difference. Repos are crappy all the way around,whether voluntary or not. If you are employed,don't be surprised to come out of work some day and your car is gone, they have come and repoed it. Far less embarrassing if you do a voluntary repo.
2007-02-18 18:05:06 · answer #2 · answered by fisherwoman 6 · 0⤊ 0⤋
Shewt! If they "refuse" to reposess it.. then keep the b*tch! I wish I was THAT lucky with my loan! I'd love to have a free car!
2007-02-17 04:02:11 · answer #3 · answered by rob1963man 5 · 0⤊ 0⤋
return it to the bank or just keep it they might not be after it yet
2007-02-17 03:20:55 · answer #4 · answered by Dennis R 2 · 0⤊ 0⤋