Is it worth getting the car back after a repo?

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Answer

1273245

2026-05-08 22:05

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This depends on a large number of variables. Some of which are:

  • The value of the vehicle.
  • The amount you owe.
  • Your personal reliance on it to get from A to B to C.
  • The terms of redemption the lender is requesting.
  • The additional fees that have accrued as a result of the repossession.
  • Not least of all, your ability to pay.

You have to analyze the cost effectivness of redeeming it as opposed to not redeeming it.

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