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Asked about “Auto Loan - AOL Money

Cancel Auto Loan

Can I return the car to the dealer and cancel the auto loan?

I already paid almost half the loan. Will I get my money back? 


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9 helpful answers

You could, minus interest and fines.

Be careful and pay attention to details. It might be cheaper to just go on paying the loan. 

Posted 2008-05-21T11:12:47Z
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You can cancel the loan as long as your car value is equal to the amount you owe.  In that case the dealer would possibly buy the car back for the amount you owe.  It doesnt always happen this way, sometimes your vehicle may not be worth how much you still owe on the loan....  Be very careful..

Posted 2008-05-28T16:52:48Z
 

No, you can't.  I know!

Posted 2008-08-08T05:06:01Z

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