I have a 2019 Chevy Silverado, and I’ve been having persistent issues with the turbo evap solenoid and other problems covered under extended warranties. I’m really fed up and don’t want to continue paying for it. Does anyone know if the bank would buy it back?
Banks don’t buy cars. You might want to consider trading it in at a dealer or car lot, and roll in any negative equity.
You need to go to a place that buys cars, like dealerships or used car lots. Not banks.
If you let the bank repossess it, they’ll auction it off, and you’ll still owe the difference from what it sells for versus what you owe.
Exactly. If you owe $28,000 and they sell it at auction for $19,000, you’ll get billed for the $9,000 difference plus fees. Trading it in is a better option.
Check with your bank about the payoff amount, then see what CarMax will pay for it. If it works out, you can unload it and get something else.
Any vehicle can have problems. If you don’t like the truck, consider trading it in or selling it instead of trying to get the bank involved.
I haven’t. How do I go about doing that?