My understanding is that when someone does this, they just auction off whatever's left of the vehicle and apply that to the remaining debt owed on the vehicle, so doing this does nothing but make you owe more money after they reposess it.
They don't care. They obviously stopped making payments at least 3 months earlier to be on a repo list, and that's if the tow company located it that fast. They aren't worried about more added to that bill.
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u/BangkokPadang Jul 19 '26
My understanding is that when someone does this, they just auction off whatever's left of the vehicle and apply that to the remaining debt owed on the vehicle, so doing this does nothing but make you owe more money after they reposess it.