Neither is very good, you lose your car either way. However I would recommend waiting for it to be repossessed because they may not take it. If you know for certain that they are going to take your car you should surrender it because it might make them slightly happier with you.
No, you must surrender the vehicle in the condition you received it in.
I heard if you surrender your car back to the bank the loan is from, they will auction the car to get money back, if they DONT get the whole amount of what you OWE on the car... They will bill you the balance.T
you better go look in you driveway
if i get my car repossessed, can they put a llien on the house?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
No, but your car can be repossessed if you don't make the payments.
I think yes your your tags should be mailed to you but better is you have confirm with your car loan lenders.
It would be better just to turn it in but it's a lot of work trying to locate it and recover it.
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
When a car has been repossessed the person paying the insurance should cancel it.
If they started that process they are done. The only thing you can do is get money elsewhere and give them cash to get it back if you can get the money. There will be a penalty and you will have to pay for the repossession even. You can do a voluntary surrender if you can't keep it which looks better. If you let them take it, no one else will give you a car right away so you have to play ball with them.