If I have negative equity on a car and I have the financer repo it, will they come after the extra I owe?

Yes. You still have to pay the difference. They can and will garnish your wages for it as well.

Under no circumstances should you voluntarily turn that car back in. Don't ruin your credit and turn the financial situation over to someone else. You need to stay in control after all it's your money. If you turn it in you lose all control over your money.

Sell it. Even if you lose money on it, it's better than having it repossessed.

Sell the car to the highest bidder and take out a personal (signature) loan to cover the balance due. It will keep your credit in tact and it will keep the goons from Toyota from suing you. Plus the payments you'll have to make on the signature loan will be way less than the car payments were. You're gonna need a loan to pay off the lawsuit anyway. So why not get a loan and just pay off the debt instead.

When your car is repossessed they take the car directly to the auction and sell it. Then they will sue you for the balance. There is no incentive for them to get a high price at auction for the car because they know you'll have to pay the difference. It doesn't matter if they sue you for $10k or $15k what's the difference to them. You pay regardless.

Don't repo, SELL

Yes, the debt doesn't go away. You signed a contract to pay a total amount, and they will see to it that you do. Keep the car and make the payments, otherwise you'll be paying for a car you'll never see again, and trash your credit so you can't buy another one.

Yes. they will sell or auction the car off and will seek the difference from you. It will also be a long time before you will be able to buy another car on credit, at least not without paying huge amounts of interest

Hell No! through fact i does not be in a capture 22 difficulty. I make helpful I even have my stuff paid till now each man or woman takes it away. in the event that they take it, howdy- I deserve it. i'm no longer gonna combat all of us for it. that isn't any longer worth it. i'm easily for the repo guy- he's only doing his activity

Yup, it's going to be worse now than when you had the payments, now you owe and you have no car. Repo's are the worst thing that can happen, avoid at all costs.

They absolutely will come after you! They will sue you, garnish your wages, do everything they can to collect. Figure out a way to pay it.

Yes, they will auction it off and you will owe the difference.

j