I need some advice, has anyone have to give their car back to the bank.. looks like Im going to have to be a SAHM come…

They could take over the loan payments

@sawyersmom okay.. imma look into it.. i just feel like 10k is a lot ..idk ifanyone would have that on them

That doesn't matter. It would just be signed off to them or paid in full and they would send the title to the new owner

@sawyersmom i have a car loan..

You can also sell it by yourself

@lilfree16 yea they'll appraise it and give you 7 days to decide if you want to sell at that appraisal

@js_kidsmom i was looking at car max.. i owe 10k on my '10 corolla ugh imma see what they say first then.. i wont need to get rid of it until decemebr

You can sell it back to a dealer. They can give you some money back depending on how much you owe. I did that with my mazda last year except I bought another car a week later. I went to carmax.

@renee556 thanks imma call them

they may still, sometimes they do a harship settlement where u guys come to some sort or arrangement on what u can afford... They will sometimes work with u cuz they rather get something then taking a complete loss

I have to quit my job when the baby is born. Not sure if they will settle with me@renee556

Sometimes they will let u settle for a less thats whats due. That's what I did

Yes, it's called a voluntary repo, it will still go on your credit for a repossion and u will still owe whatever is left on the car

@renee556 what happened? I more than likely havr to give my car back ...

I did.