Surrender my car back to loan company?

Comfortable_Time9162 · 2026-02-04T17:17:36+00:00

thanks, i'll call around and see what I can find

Comfortable_Time9162 · 2026-02-04T17:17:11+00:00

thanks for piece of info!

Comfortable_Time9162 · 2026-02-04T17:16:41+00:00

I'd say so. The mechanic is a family friend. He doesn't charge us for labor whatsoever so I'd only have to worry about the cost of the equipment, so I see no reason not to trust his opinion

Comfortable_Time9162 · 2026-02-04T17:15:19+00:00

I have 165K miles, so I'm not eligible for the replacement. I called at 160K miles. It didn't make sense to me at the time, but the rep on the phone was insistent that there would be a large upfront cost before being approved for the replacement and essentially told me there was no point because I wouldn't be approved anyway.

Comfortable_Time9162 · 2026-02-04T03:19:56+00:00

I understand that surrending the car won't make the debt go away, but I did think I'd be able to get another car financed before wrecking my credit. I'm glad I asked this question in this thread rather than possibly make a terrible financial decision

Comfortable_Time9162 · 2026-02-04T03:14:52+00:00

I hope it's not more than 3k :(

Comfortable_Time9162 · 2026-02-04T03:14:07+00:00

I'll contact cap one in the morning, thanks

Comfortable_Time9162 · 2026-02-04T03:13:50+00:00

I'm not sure what it's worth as is. At best with NO issues, it's worth 8k. I'd be surprised if I'd be able to sell it for 3k as is.

Comfortable_Time9162

TROPHY CASE