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Is it better to return a vehicle rather than having it repossed?
Wiki User
∙ 14y ago
Yes, as a matter of fact i "took over" one of my friends car payments.
when you let it get repossessed it is a huge black mark on your credit history which will make it almost impossible to take out a future loan. although im unsure of your standings but if your have payment issues your best be would be to contact your dealer or your bank " depending on who financed you or who gave you the loan for the vehicle. if you post and ad somewhere : Craigslist.com, penny saver, newspaper. anything, it would be in your best interest to pass the payments on to someone else.
Wiki User
∙ 14y ago
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