Voluntary Repossessing a Car

How bad will it hurt your credit score if you can't make the payments on your car anymore and give it back to the bank? Can you do that?; or must it result in repossession?

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i dont know the details, but I know a guy who did this and it really fucked him over. he said he would have been better off filing for bankruptcy

Jesus, seriously?? Fuck. Ok thanks. Goddamn. Agh.

Why not just sell it and pay off your loan?

Sell it? For parts?

Crash it, for the insurance money? Make it look like an accident.

No and no, like sell it, as a car, for most of what you paid. Then put the money towards your loan.

i'm thinking about this but am afraid i won't be able to sell it in time for repossession to occur

good advice. appreciate.

Credit score, lol fucking burger credit score slave

Can't sell it with negative equity. There will be a lien on the title until it's completely paid off