REVscene Automotive Forum - View Single Post - My Car has been REPossessed (had to change, annoying me. admin)

IMASA · 06-05-2018, 08:54 AM

I'd be concerned if you chose #2 and the car is sold at auction for bottom dollar and you're still on the hook for the outstanding balance. Wouldn't it be better to take the car back and then work with the leasing company? At least you still have some control on what's going on.

I think we need to know what kind of SUV this is, how much you owe, terms of the lease, etc.

06-05-2018, 08:54 AM	#3
IMASA Rs has made me the woman i am today! Join Date: Jun 2002 Location: Vancouver Posts: 4,461 Thanked 1,276 Times in 308 Posts Failed 25 Times in 12 Posts Member's Picture Albums	I'd be concerned if you chose #2 and the car is sold at auction for bottom dollar and you're still on the hook for the outstanding balance. Wouldn't it be better to take the car back and then work with the leasing company? At least you still have some control on what's going on. I think we need to know what kind of SUV this is, how much you owe, terms of the lease, etc.