Cars & Vehicles
Auto Loans and Financing

If you are top heavy on your car what is the best solution to get out from under this?



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Yes, the company is supposed to credit your debt with the amount they can recover by reselling the vehicle, less the cost of that sale, but you will likely not see a benefit from that. Negotiate with the lender, or try to make a sale on your own, choose which is better for you. Just remember, you signed a contract to pay a certain amount and, barring are-negotiated contract from the lender, you owe that amount.