Whats the fastest way to get out of an auto loan?
If you sell the car for the amount of the loan then you can legally get out of the car and car payment. In some cases the bank will let them assume the loan and payment and release you from your obligation. Usually you have to pay the title and paperwork fees to the bank. You have learned your first hard lesson. …and that’s why many kids are putzing around in a used Civic or something inexpensive with low maintenance costs. Insurance fraud or parking your car in a high seems like a great idea until you are a convicted Felon getting some quality time playing cuddle buddy against your consent with your 300lb roomie. …or it seems like a great idea until they find your car, have it repaired, and return it to you reeking of weed or meth or cigarettes but fully repaired. “Accidentally” hitting a wall and totaling your car, even if you have upside down insurance, is still fraud and can end up putting you in the hospital or resulting in back problems for the rest of your life. Don’t do any
