You cannot just "give" the vehicle back to them. If you cannot continue paying for the vehicle they will continue to threaten you trying to get their money back from you. When they see that it is hopeless they will repossess the vehicle and auction it off. I haven't read your contract, but probably you will be liable for the difference in what they get for the car and what was owed on it, which can be a substantial amount. If they cannot get you to pay this amount they will probably take you to court and get a judgment for the amount plus attorney fees and court costs. If you can't pay this they will garnish your wages, freeze your checking accounts, savings accounts, and generally tie up any monies they find out that you have. It can turn into a messy situation. I would suggest that you read up on consumer protection laws in your state and the federal statutes. This will tell you how they have to deal with you and what you can do to protect yourself.
Contact finance company
Only if you stopped making payments and are behind on your on your payments.
Yes, with the agreement of the finance company.
Perhaps your loan has been paid in full. Otherwise, call them and ask why they returned your payments.
Go to the bank or finance company and tell them what you are doing. Don't give the seller any money untill you have worked it out with the finance company.
Repossess it
Sure you can, but you're still responsible for paying off the loan to the finance company. If the check will cover the pay-off, give it to the finance company. If it doesn't, give it to them, anyway. It'll reduce your debt by that much.
No...if you are completely current...and have nothing owing from previous months..again no.
If you are up-to-date then no, if you are a cosigner there may be complications...
No, They would have to be behind on the car payment The above is not always the case. It can depend on what the car was impounded for. If it was impounded for something like drugs where asset forfeiture comes into play then yes the finance company can take the car regardless of payment status. The reason for this is because there are times when the authorities will tell the finance company that if the vehicle is returned to the registered owner the finance company will lose their rights to it as well. The finance company does not have to hand their collateral back to you if it means loss of collateral, it is their car after all.
You will have to call the finance company about yours. We had a Mortgage burning party at my place a few years ago.
If the car has not been sold you pay the back payments and any fees.BUTThe finance company does not have to allow this.