Car Repos

[xIBrandonIx]

Ok so back in 2005 I got a car not knowing what I was doing for $16,000 which turned out to b like $30 something thousand when I finished singing the papers. so I gave the car back within a month because I wasn't gonna pay that much for the car, and now owe $12,000 or so. So b4 that went on my credit I got a different car at a better rate and now having to let it go back because I lost my job and cant find another to cover the payments plus having tickets shot my insurance up and they wont insure me this year meaning if i go somewhere else its still going to cost more then i have jus to keep the car on the road. so if I let this one go back ill probably owe another 12 or so.. im pretty sure my credit is shot so what would b the best thing to do to start over and get these 2 cars out of the way? I def don't have the money to pay for it.. Thanks

[lonesumluser]

Hang in there

Try one of those places that do their own financing. They usually charge high interest but, they are less expensive and they don't do credit checks and at least you will be driving, insurance is a lot less expensive on older, less expensive cars, good luck and keep us posted!!!

[HRx]

You will most likely just need to save your pennies and just buy a reliable car for cash for like $1,000 to $3,000 dollars. The increasingly tight credit market will make it nearly impossible for you to finance another car with two repos on your credit report. And having a monthly note doesn't seem to be the right time or place for you at the moment.