[joe101]

should i get my car repoed and how would it affect me?

[aaron]

Could you please explain your situation, and identify the state involved?

[joe101]

Could you please explain your situation, and identify the state involved?

Well I have gone threw four cars already in less than a year & I keep being up side down obviously. I originally wanted a Audi. I got it but the dealer gave me a car with a leek they didn't want to fix it so they trade it it for a Audi S4, next day it was also having problems C/V boot & leek. they did not want to fix it I felt forced to get 2006 Eclipse got it was not happy I still wanted my Audi but I get stuck with that And now I got a Dodoge RAM. Now my payments are at 590. +ins. When they were at 250.00 I help my parents with their bills got a mortgage payment credit cars to do repairs at home $$ cell phone bills etc., expecting a baby and well anything else but having fun. Just get home pay bills. almost every night. I feel that the flame reached the top & its just time to let it go. so what should I do??? by the way I am now in TX.

[Mr. Knowitall]

Your best option is to sell your vehicle and pay off the difference between the value and the balance of your loan, then get a new vehicle you can afford.

[joe101]

Your best option is to sell your vehicle and pay off the difference between the value and the balance of your loan, then get a new vehicle you can afford.

What are the consequences of getting a auto reposed?

[Mr. Knowitall]

You risk being sued for the difference between what they get when they sell the car and what you owe (plus any fees and costs owed associated with the repossession and sale), and your credit score will be severely harmed.