what charges will i incure if i send it back early
2007-03-05 22:52:42 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Give the car back [TO WHO]? To The bank? Sure!! You can give it back. Now repeat after me.... "R.U.I.N.E.D. C.R.E.D.I.T"
When the bank takes back your car it's considered a repossession and your credit will be shot. This is not something you really want. It doesn't matter if you voluntarily turn it over, it's still a repossession.
Think carefully.
.
2007-03-06 01:42:26 · answer #1 · answered by rob1963man 5 · 0⤊ 0⤋
may i drive your girlfriend for 3 years or so, then give her back to you? i promise that she will be in the EXACT same condition as when i took her from you. never driven her very hard, in fact, all i've ever done is feed her, bathe her, and treat her like the most precious thing in the world, but she has gotten to be a little too much for me. would you take her back?
you can't give a car back for the same reasons. of course, i'm exaggerating, i drove the hell out of her every chance i got. didn't bathe her for weeks at a time. i smoked in her, once i even slammed her into a tree, but we went to the doctor and got that fixed.
don't be silly. and don't get repo'ed. sell the car outright for take over payments. will pay off your note, not stick you with a repo (which will make it hard for you to get another car for the next 7 years or so) and allow you to get back on your feet.
good luck!
2007-03-06 13:15:02 · answer #2 · answered by michael_oxgood 4 · 0⤊ 0⤋
A repo is not the end of the world if at this time you cant afford it give it back their are creative ways with financing that you can get another car when you money gets better its called sub prime the rate is not the best but you can get back on the road..Good luck
2007-03-06 10:35:41 · answer #3 · answered by CJ 2 · 0⤊ 0⤋
If you quit making payments on it they'll take it back. But, you don't want that. The finance company doesn't want it either, all they want is you're money. Try and sell it for what you owe or more. If you can't, then sell it for what you can and put some money to it and pay it off.
Another possibility is to trade it in on an older or cheaper car to help you get out from under. But be careful trying this, usually you'll come out on the short end.
2007-03-06 07:03:11 · answer #4 · answered by Fordman 7 · 0⤊ 0⤋
yes you can take it back, but, realy they dont want it, so you need to sign a release form,,, an i sure they going to try to make you pay for it,,, but stop paying the notes, they pick it up, ... nut it going to give you a mark, on you hisory,
2007-03-06 07:36:43 · answer #5 · answered by ghostwalker077 6 · 0⤊ 0⤋