First, as someone has Tampa Brady shirt observed in another answer. “letting the car go back” is trivializing your actions. What you are describing is a voluntary repossession. It is no different from a credit scoring standpoint than one where the lender tows the car away without notice. Either one is equally devastating to your mother’s credit score possibly in the area of 100 points or more. When a lender repossesses a car because the borrower is not honoring their promise to make the payments, they will place the car in storage. There will be storage charges, often on the order of $50 per day. That is in addition to the cost of towing the car, which is hundreds of dollars.
Click here: Tampa Brady shirt
Tampa Brady shirt, hoodie, sweater, tank top and v-neck t-shirt
Best Tampa Brady shirt
The price the Tampa Brady shirt lender gets for your car will not cover the loan balance plus the cost of towing and storage. This is called a deficiency. The lender really doesn’t care. Why? They don’t care because car loans are recourse loans. This means that they can take other assets from the defaulting borrower, including taking other vehicles, attaching wages and bank accounts. I had this happen to me, many years ago. I had bought a Mitsubishi Starion, a cool-looking sports car, but one that turned out to be a terrible lemon. I was in some financial difficulty and thought I’d sell the car back to the dealer for whatever I could get. They didn’t want it at any price. Nor did anyone else.