How to let car go back

[toomuch]

I have my auto loan at the same bank I have checking and savings with. We also have direct deposit.

I am letting my car go back and using tax money to pay cash for a used one.

The lawyer I had my first consultation with said to quit making payments but they just took it out of checking anyway. So now I am going to open an account at a new bank and stop direct deposit on old account.

Should I just turn the car in or keep it til they want it back? I feel bad doing that but it will be several weeks before I get the money to buy a car and I need one.

Thanks,

TooMuch

[jbr12]

What I did was called up my lender, told them my situation and did a voluntary repo... Apparently this doesn't take as big of a hit on your credit as a normal repo would. Basically, they faxed me a form, I filled it out, sent it back then arranged a time for them to pick up the vehicle. You should definitely switch banks to keep them from taking more payments from you.