hello All,
bought a van dodge caravan 2010 at the dealer new van had it last year. recently out of job because of quadruplet heart surgery. my question is can i return my van to the dealer, I am financially broke. HELP

 

how long have you had it and how many miles are on it?

 

HI Tizzy,
Thanks for the reply,I had the van last January 09, 2010 and it have 13,000 kilometer.

best regards

 

I doesn't hurt to ask. It depends on what you owe on it really. There is a chance they would offer to buy it from you. But if you owe way more than it's worth, it may not make sense to do.

 

How much do you owe? what is ur Finance rate?
most importantly, did you finance thru Chrysler or the Bank?

Tho, i think ur best bet is find a friend or family to just take the car and take over the monthly payment.

Anyway, I hope you get well soon! take care!
health is way more important than a car. Just let the bank re-po it if you have to.

 

Hello again
thanks for the reply, the van was finance by the bank through the dealer Chrysler still own $26,000. what are i the consequences if let them re-po it. thanks in advance

best regards

 

I was hoping you finance thru the Manufactuer instead, they give you a lot more rooms for negotiation.
your credit goes to **** if they re-po ur car. The bank will auction the car off, and if the car sells for less than what u owe (which it will), they will send you letter to ask u to fetch the bill.

But then again, this is USA, you do not go to jail like Germany, and there will be no thugs waiting in front of ur house to collect money like Asia.
At this point, I think you shouldn't be worry about anything other than ur health.

 

hi again steak59,
thanks again for the reply but one more problem to forgot to tell you, I am in Toronto, Canada sorry about this...

best regards

 

post it on kijiji and crfaiglist and other auto car forums. might get a private buyer with little loss on your end.

 

sorry to hear about your situation. try talking to the dealer to see what they can do for you, chances are you'll lose a few thousand dollars if you return it, but having to deal with few thousand is better than $26,000.

since your in toronto, one there is a nonprofit organization called Car Help Canada run by a gentleman named Mohamed Bouchama that helps people with buying and selling cars, lease takeovers, or general help with their vehicles etc. So he might be able to help if you call him. I'm a member myself (used him to help buy my GC) and he's not a bad person but you'll probably have to pay a membership fee of $60 to join. It doesn't hurt to give him a call (416-651-0555) to see what he can do for you. You can see him every sunday on CP24 at 8pm on his talk show "Auto shop" where people call in with their questions (416-872-2724).

Good luck!!