Hi,
My husband & I just did a voluntary repossession on our van. We owe about $8200 on it (a 2000 chev astro - loaded but with high mileage). NADA trade in value is 5400 & retail is 7550.
Today we received the notice that it would be sold at a private sale on 8/02 but we can request it be sold at a public auction.
My question is: which one is most likely in our best interest to get the highest possible price?
private or public auction?
Thanks so much,
Melinda

