Repo question

[art]

I voluntarily turned in a vehicle in October. My question is what would be a reasonable counter offer on a $15000 deficiency balance. I don't have the cash to pay them, but I would offer the amount and pay in installments for delete if they accept. This is for Toyo finance by the way.

[Civiljudgements]

$15k deficiency? If that is correct, how is it even possible? I guess if you....

[art]

Yes. I traded in a vehicle which added $4,000 negative equity on top of the price of the vehicle. I only kept the car for basically 10 months, because my income drastically changed. I couldn't afford to keep the car, because I had to choose between a roof over my head or a new car to ride in. I chose not to be homeless. So, I'm just trying to figure out what would be the best option before the finance company choose one for me.

[art]

Maybe Marvbear can chime in on this.

[shifter]

Settlement

 

in installments

 

for delete.

 

That's a new one.

[mindcrime]

Settlement

 

in installments

 

for delete.

 

That's a new one.

 

Kia offers this deal.

[art]

 

Settlement

in installments

for delete.

That's a new one.

 

Kia offers this deal.

I hope Toyo offers this deal

.