starbuck2005
New Member
My jurisdiction is: Connecticut
I bought a car in NYS. 1996 lumina . The car cost 6996 but with interest rate the car came to 13,000. The car had 130,000. miles on it at that time. I have now paid them about 6000.00 on the car. I want to get another car because I can't keep repairing it and I can't get another car unless I give this one back. What will happen if I give them back the car and the dealership told me to give it back to them because it is not worth the loan. All I am paying for is the interest not the car.
I bought a car in NYS. 1996 lumina . The car cost 6996 but with interest rate the car came to 13,000. The car had 130,000. miles on it at that time. I have now paid them about 6000.00 on the car. I want to get another car because I can't keep repairing it and I can't get another car unless I give this one back. What will happen if I give them back the car and the dealership told me to give it back to them because it is not worth the loan. All I am paying for is the interest not the car.