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SELL the car for all you can get and beg,borrow,steal the difference so you can pay off the loan. THAT will keep the repo off your CR. Good Luck

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8y ago
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Q: If you want to get rid of your car for a cheaper one but owe too much what options other than repo do you have?
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Related questions

What can you do if your car is going to get repo?

Pay your payments on time or get a cheaper car


What can you do to stop car repo overseas?

There are a number of things that you can do to stop a car repo oversees. One of the best options is to ensure that you pay up the entire car loan and any other relevant charges.


Define repo rate?

REPURCHASE RATE IS ALSO KNOWN AS REPO RATE Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which our banks borrow rupees from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive.


How much is repo rate and reverse repo rate currently?

6.25, 7.25


How do you make a repo unit?

Well to be honest it's both worth building a repo unit because you can buy one cheaper than you can build it. Companies now construct these units do fast that a brand new unit is only about $2,400 !! That's cheaper than you can buy all the material & build it!


What is the formula to calculate the repo-rate?

Repo rate is the rate at which rbi lends money or other securities to other banks.


How much money did Repo Men gross worldwide?

Repo Men grossed $18,195,238 worldwide.


How much money did Repo Man gross worldwide?

Repo Man grossed $2,300,000 worldwide.


If your insurance got cancelled and you were in a wreck can you just let the bank repossess the car and let that be the end of it?

Yes, you can let them repo the car. NO, that wont be the end of it. YES. they have other legal options.


Going to do a vol repo and plan to set up payments after the fact w the fin inst As bad as a REPO is does this help somewhat?

Compared to the alternative yes, altho it shows the same on your report it will be cheaper for you in the end.


How much money did Repo Men gross domestically?

Repo Men grossed $13,942,007 in the domestic market.


How much money did Repo Man gross domestically?

Repo Man grossed $2,300,000 in the domestic market.