Of course not, but it only takes a small slip-up to find it.
IT'S A GREAT IDEA... THEY CAN MAKE THEIR CAR PAYMENTS
A repo is a repo, voluntary or not. Do not do a voluntary repo or any other repo. Terrible idea!!! Call the lender and work something out. See if you can find someone to take over the payments or possible sell the car to another part and pay off the loan. If you are upside down on the loan, then sell the car and borrow the balance to pay it off. Having your car reposed is a very bad idea. Your credit will be ruined for 7 years. You will also have the pay the difference in what the lender sells your car for and the balance on the note, plus repo fees. Do whatever it takes to prevent this from happening. I can assure you the lender does not want to repo your car. Call them!!!!
Will i be able to purchase another car later on if my car is repo
can my car be repo 38 day's in default?
Q:Can you get an apartmet with a car repo? A: All apartments come without a car repo option. Sometimes you can negotiate utilities, however
Yes.
want to know if my car is on a repo list
Yes, afterall, the repo-car is still the legal property of the person who has sent the repo-guy to retrieve it.
Yes, you can self repo your car if you can no longer afford your car and is financially unable to pay the payments for your car.
Yes
The difference in what the car sells for and the balance on the loan, plus repo, and administrative costs. Very, very, bad idea to allow this to happen. Sit down with the lender and work something out. They do not want to repo your car. Voluntary repossession hurts your credit just as much as them initiating the repo. Your credit will suffer for 7 years. Do not allow this to happen, if at all possible,
They are not lying to you. A repo is a repo is a repo.