If you have driven it/owned it for any length of time, no dealership will just 'take it back'. You can always sell it (dealership or private party) and perhaps recoup a bulk of your money. Visit kbb.com for the value of your car so you know what you can expect to sell it for. Good luck! * No. Regardless of the reason or the length of time the borrower has had the vehicle, a voluntary relinquishment of a vehicle is still considered a repossession. That being the case, the borrower would be subject to all legal action and penalties pertaining to a repossesion that are allowed under the laws of the state where the borrower resides, or in some cases the state where the vehicle was purchased.