Submitted by Stunning_Ad1588 t3_11kfmlr in personalfinance
Engine blew on my 2021 Chevy Silverado but I still owe about $25,000. Need advice on how to handle the situation? Insurance won’t pay for it and I also had a warranty but they shitty company won’t pay for it either. Would a voluntary repossession be my best bet right now? If so, how bad Would this hurt my credit?
Edit: Car has about 90,000 miles
Edit: I got an oil change every 3k miles. I actually gave the warranty company this a years worth of oil change paperwork and they still didn’t want to pay for it.