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What happens to a person who bought a car a month ago and has not made the first payment yet and wants to return the car? |
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It is called voluntary repossession. They will sell the car. You will then have to pay the difference in what the car sells for and the balance on the note. You credit will then be ruined for 7 years. You don't want to do this.
First answer by Clay. Last edit by Clay. Contributor trust: 3458 [recommend contributor]. Question popularity: 21 [recommend question]
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