Dear Terry,
I was reading your answer to a lady who inquired about voluntary repossession. What are the chances that a car dealer will take my car back and trade me down to a car I can better afford?
I have had a car since November and put a little more than 2,000 miles on it. I am not delinquent — in fact, I make my payments way ahead of the due date. However, because of other recent financial challenges, the monthly note has become too steep for me. (more…)