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Neither. You credit will be ruined for 7 years. You will also have to pay the difference in what they sell the car for and the balance on the note, plus administrative fees. Contact the lender and work something out. Voluntary or not, having your car repossess is a very bad idea with long term consequences. Don't let it happen. there is a big difference in involuntary and voluntary repo. Talk with your finaceers and tell them you have to let it go back.Make arragments to take it to them You will have to pay any difference they get for selling the car.It will be on you record but being voluntary it will not stand as a repo. you will still be able to get the credit you need. Due to health I did this with a house and car.It did not hurt my credit.Everyone was willing to give a second chance.

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19y ago

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Q: Should you surrender a car or just let it get repossessed?
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