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

I did.

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

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

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

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

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

@renee556 thanks imma call them

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.

@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

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

You can also sell it by yourself

@sawyersmom i have a car loan..

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

They could take over the loan payments