Heatherdd
New Member
- Jurisdiction
- North Carolina
I recently financed a new car. I didn't have to pay anything to leave the dealership, I got a loan. Unfortunately , I can not afford my car. I thought I could at the time I guess because I was just so happy that I was actually able to get one ( my credit was 0 ). My car payment is $454 a month and I have to pay another $200 for insurance. I have the taxes coming up at the end of this month which is another 200$. I've only had it long enough to make one payment, which was 10 days past due.
Basically, I want to know if there's anything I could possibly do to get out of this. I can not pay off the remainder of the loan because well it would be all of it since I've only had it for about 2 months. Could I sell it to a dealership or even a private party? If so, how? I'm just financially drained right now and there is no way I will be able to continue payments. I have even considered a voluntary surrender ( instead of it getting repossessed). Can anyone please help me?
Thank you.
Basically, I want to know if there's anything I could possibly do to get out of this. I can not pay off the remainder of the loan because well it would be all of it since I've only had it for about 2 months. Could I sell it to a dealership or even a private party? If so, how? I'm just financially drained right now and there is no way I will be able to continue payments. I have even considered a voluntary surrender ( instead of it getting repossessed). Can anyone please help me?
Thank you.