2007-08-04 17:07:28 · 4 answers · asked by robestar5047 1 in Cars & Transportation ➔ Insurance & Registration
Yes, but it is still going to cost you money. The car will be sold and you will pay the difference between what you owe and what they get at the sale. Your credit will take a big hit. Try other ways to pay it off.
2007-08-05 04:30:59 · answer #1 · answered by sensible_man 7 · 0⤊ 0⤋
Sure, it will wreck your credit rating though, and you may still end up owing money. But at least you will not be charged various fees associated with repossession. The vehicle will be wholesaled and the proceeds will go against the amount you owe, you will be responsible for the difference.
2007-08-04 17:14:28 · answer #2 · answered by cimra 7 · 0⤊ 0⤋
if you do so you will not be able to buy a car for a year. So keep that in mind before you dump your ride. Think about it how much will it cost you to rent a car? and it will kill your credit till the end of time. so i recommend sticket out its not as bad as you think. and if you cant do that how do you plain on taking on mirage
2007-08-04 17:21:37 · answer #3 · answered by Robert LaFrieda 442 3 · 0⤊ 0⤋
yes but it will go on your credit - theyll say they didnt get what you owe on it so you own them the loss value ( whether its true or not )
2007-08-04 17:11:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋