Dear Terry, Help! I'm in the process of voluntarily surrendering my auto -- I have no choice but to do this. Can I take the car to them rather than having their tow truck show up at my residence? -- NitaDear Nita, You should be able to deliver the car to your lender's office or a place they designate. Just make sure you get a receipt that shows you indeed turned in the car. It won't help your credit rating, but at least they can't say they didn't get the car. Here are this week's reader questions:•Longer car loan can handcuff buyer•Am I responsible for my late father's car lease?•Can I voluntarily surrender my car on my own?•What color car should I buy?If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter advertisementRelated Links:Auto loan rates: March 26, 2009Saving on insuranceWhere's my car bailout?Related Articles:Vehicle leases going upOld loan not added to newCan't sell leased car
Dear Terry, Help! I'm in the process of voluntarily surrendering my auto -- I have no choice but to do this. Can I take the car to them rather than having their tow truck show up at my residence? -- Nita
Dear Nita, You should be able to deliver the car to your lender's office or a place they designate. Just make sure you get a receipt that shows you indeed turned in the car. It won't help your credit rating, but at least they can't say they didn't get the car.
If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter