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You will Be put into collections for the remainder owing on the car and the intrest that ammount collects over the period of time it is owing. if you did not put the accident through your insurance you pretty much F@%&'d yourself. I have a 06 civic that was backed into in a Honda dealership parking lot, by a HONDA employee, that is financed through HONDA. rigt now im considering letting them repo it... but i dont knowwhat thats going to do to my credit..

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Q: What happens when you stop financing a car that's been totatled?
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