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If you give back a car on credit does this end the agreement?In: Car Buying |
Answer
IT DEPENDS ON THE BALANCE OWING ON THE CAR,THE RULES OF YOUR CONTRACT AND THE CONDITION OF THE CAR RETURNED. MOST FINANCIAL INSTITUTIONS WILL AUCTION THE VECHILE AND PLACE ANY MONIES RECEIVED FROM THE SALE TOWARDS THE BALANCE OWING. IF THER IS STILL AN AMOUNT OWING, YOU ARE STILL LIABLE TO PAY THAT AMOUNT.
First answer by Roy Young. Last edit by Roy Young. Contributor trust: 85 [recommend contributor]. Question popularity: 6 [recommend question]
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