Have a farely new Auto Loan but have to leave the country... What to do?

Have a farely new Auto Loan but have to leave the country... What to do?

I have been working here in the US for quite some time now (around 5 years) and I bought a brand new van (for my family of 5) through an auto loan a year ago thinking that all will be fine with my stay here. Unfortunately, I now have to leave the country immediately due to issues with my visa. I have never been late for a payment and have an extremely good credit score indicating that I have been relatively responsible with my my finances. I wouldn't consider myself one who splurges and I have generally been living from paycheck to paycheck. Under the impression that all will be fine with us here in the US, we thought of investing on a brand new van since we see it as a necessity and that we would take care for it til it dies on us. Unfortunately, this issue was something we didn't see coming and now that I don't have work, I will definitely not be able to make my monthly payments. On Kelley Blue Book, the car's value is significantly less (by about $3k to $4k less) than what I still owe on the car. I am going to try and sell the van but I am doubting that I'd be able to find a buyer before my departure. What should I do? P.S. I am not a bad person and had every intention in becoming a respectable citizen of the US. This event has been a shock to my family. I have 3 very little children and my wife whom I have to uproot and reacquaint with a new environment because of this. I understand that I should probably have not gotten into the loan with the possibility that I may have to leave but unfortunately, it seemed like a good idea then because everything had been fine with us previously.

 

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Which will cost more to insure? 00-04 mustang base or 00-04 mustang gt?

I'm 17 and live in New York. Been driving with a clean record for one year and I currently pay $100/month on my mom's '10 camry. I want to get my own car and I have narrowed everything down to a mustang, but I can't decide between a base model or a gt. I have discounts on my current policy such as good student and drivers ed. I will also take a defensive driving course for an added discount and the new car will also bring about a multi-car policy discount which will be helpful. My mom will be contributing the same $100 towards the car as she is now and the rest I have to pay for by myself. I have heard that the base and gt will cost about the same to insure, but that doesn't seem right considering that the gt has 100+hp more than the base, but people have supported that by saying the base models are involved in more crashes among young drivers. So can anybody set the record straight for me? Please don't give me responses saying that only my insurance agent can tell me that or too high for you to afford. Also would it be a wise decision to drop collision coverage for a huge insurance discount? I don't plan on racing this car.

 

Have a farely new Auto Loan but have to leave the country... What to do?

I have been working here in the US for quite some time now (around 5 years) and I bought a brand new van (for my family of 5) through an auto loan a year ago thinking that all will be fine with my stay here. Unfortunately, I now have to leave the country immediately due to issues with my visa. I have never been late for a payment and have an extremely good credit score indicating that I have been relatively responsible with my my finances. I wouldn't consider myself one who splurges and I have generally been living from paycheck to paycheck. Under the impression that all will be fine with us here in the US, we thought of investing on a brand new van since we see it as a necessity and that we would take care for it til it dies on us. Unfortunately, this issue was something we didn't see coming and now that I don't have work, I will definitely not be able to make my monthly payments. On Kelley Blue Book, the car's value is significantly less (by about $3k to $4k less) than what I still owe on the car. I am going to try and sell the van but I am doubting that I'd be able to find a buyer before my departure. What should I do? P.S. I am not a bad person and had every intention in becoming a respectable citizen of the US. This event has been a shock to my family. I have 3 very little children and my wife whom I have to uproot and reacquaint with a new environment because of this. I understand that I should probably have not gotten into the loan with the possibility that I may have to leave but unfortunately, it seemed like a good idea then because everything had been fine with us previously.

 

Sports car insurance for a 17 year old with a provisional license?

Someone who will not cost the earth, up to group 14, uk.

 

 

Life Insurance Policy?

What will happen if you have a Life Insurance and decide to stop to pay it? Will you lose all the money that you already paid? Or they will give it back to you?

 

 

Does my aunt need insurance to drive with a learners permit in CA?

My aunt just got passed the written test in the DMV and got a learners permit. I will be the one who will teach her how to drive. I have a valid CA license and the car we are driving is my uncle's. It is insured in his name, but he added me to his policy. Do we need to go to the insurance company and add my aunt to the policy or can I just teach her because I am insured with the car.

 

 

16 year old first car - Camaro?

I just turned 16 a few days ago and am looking to buy my first car. I really want a 2010 camaro ss with the 6 speed manual, but i am open to any suggestions. I'm a really responsible kid and i get all A's and B's in school. Plus i own my own business and can definitely pay for a new car, insurance, and gas on my own. Your thoughts and any suggestions would be great. Thanks.

 

 

Insurance?

About how much more expensive is a life insurance policy for a smoker in realtion to a nonsmoker.( I need a figure)

 

 

Minor fender benders, insurance, and suspended license?

if there is minor fender bender, both parties have insurance and exchange info. what could happen if no police report was made, and driver A reports to their insurance company. diver A insurance company then try to contact you, driver B avoids them (even though Driver B was not in the wrong) by avoiding the insurance company can driver B license be suspended, without proof of accident or proof of who was in the wrong. Its been a month since accident, what should Driver B do

 

 

My car insurance has been cancelled?

i need to know if i have to pay more or is the same amount in my billing if i pay for it this is for a car insurance the insurance company is aig

 

 

Car insurance.....???

What is the best Insurance Company for young adults? I'm 23 years old. Who can save me the most money??

 

 

Whats the best agency to call to get homeowners insurance? single family cape cod style.?

Looking for good home insurance rates

 

 

Should I show the car repairman the insurance estimate?

I was in a wreck that the insurance company of the other driver agreed to pay for. They made an estimate and said they will put a check in the mail. They said that if it costs more than the estimate, then they will take care of that also as long as I show the estimate to the repairman. That seems straightforward... and on the other hand: With other car issues, auto shops have seemed to be willing to underbid each other. I wouldn't mind getting it fixed for less than the check that I'm going to receive. Should I try to get estimates that are independent of the insurance company's estimate to see if I can save money? If I then go with a shop that says they can do it for cheaper, can I trust that they won't say it will be more later?

 

 

Insurance Raise after Car Accident?

Does your insurance rates actually go up after an accident? If yes, how many accidents can you have before it increase? OR is it depending on how much the accident is in order for your payments to increase?

 

 

Mandated Health Insurance is different from Mandated Auto Insurance how?

The Supreme Court will be deciding if the government can force us to buy health insurance from a private corporation. The government forces us to buy auto liability insurance from a private corporation. I am at a loss to see the difference.

 

 

Where can I get the best deal for auto insurance?

Currently my wife and I get our insurance through SafeCo. We're both in out mid-30s and have great driving records (mine is perfect). We're paying $188/month ('07 Pilot, '00 Tundra). Any recommendations on where we can get a better rate?

 

 

Free car insurance offers?

Does anybody know of any car companies that are currently offering one years free car insurance when you buy a new car in the UK?

 

 

Car insurance for 16 year old?

rough estimate? i want an 84 GTI rabbit but dont want insurance for it to be 600 bucks, im not 16 yet so i cant get a quote so if anyone can give me a rough estimate that would be great

 

 

How much will my insurance go up with 2 points on my record with allstate? im 21 yrs old.?

How much will my insurance go up with 2 points on my record with allstate? im 21 yrs old.?

 

 

Where can I find the cheapest car insurance?

I'm living in Arkansas (working in Texas and in Arkansas). I'm an 18 year old male. I need to obtain FULL coverage on a 2000 Mazda Protege. The cheapest quote I had found (through Geico I believe) is $585/month for full coverage.. that's over $7000 a year... I have two tickets on my record. That quote was done without listing any tickets at all. I work 65 hours a week, so the only place I really drive is to my jobs and back. Unfortunately, I need a car in a hurry.. which means I'm going to finance one, which means full coverage is required. Any recommendations on places to get quotes from aside from geico and progressive?

 

 

How much would insurance cost for a 1990 Toyota Corolla?

I'm 17, it's my first car.

 

 

How to save more money as a teen, for a car and motorcycle?

I'm about to turn 16, and would like to save up for a reliable, cheap (2k-4.5k), good-looking, car. It has to be American, or anything other than Honda, Subaru, Toyota, Lexus, Hyundai, etc. cause dad works for GM. I am paying for the car on my own, most likely, but maybe I can convince parents to pay 1k or so. Money is tight right now in my family. Dad got demoted last year during GM's bankruptcy, and may get a promotion in spring. My Mom is opening a restaurant this year, which is going to cost a lot. I got a job in November at a brand new Kroger grocery store, where I get minimum wage and cannot work over 16 hours per week because I'm only 15. I have saved a little over 1.2k in the bank. I also have invested $500 of my own money this year into stocks, which are up a little. This might sound dumb to some, but I have dreamed of buying a motorcycle. I want a Kawasaki Ninja 650R. AND YES, I KNOW INSURANCE COSTS MONEY, (FOR CAR AND MOTORCYCLE) I'M NOT AN IDIOT. I also need to plan on how to save for that. Any tips, help, and info would be great! Thanks so much.

 

 

Does a car rental insurance claim affect my normal insurance?

I rented a car recently in London, and failed to notice that there was a small dent in the door when I took it out. Needless to say, they blamed me for the damage. They wrote up 850 in damages for a one-inch dent, and charged it to the rental insurance. I paid the 100 excess -- Fine, OK, it was my fault for not checking properly, but that's not my question. Does this claim affect my own personal insurance for my own car? Will I have to pay a higher premium now?

 

 

Who pays for the home insurance when you are owner financing it? Also in the state of Texas what insurance c?

Who pays for the home insurance when you are owner financing it? The seller or the buyer? Also in the state of Texas what insurance companies provide mobile home insurance?

 

 

Car insurance when go to college?

i'll be living in the dorm for college this fall, and my parents decide to cut my car insurance since i only come home for thanksgiving(7 days), winter break(1 month), spring break(10 days), and summer(2 months). is it possible to buy insurance temporarily for those breaks that i come back? thanks

 

 

Ford Crown Victoria Insurance, and Gas cost?

For you crown vic owners, I want to buy a 2001 Crown Victoria. Is it a real gas eater or what? How much do you think the inssurance would be for a 18 yrs old men? I like them crown vics, except when it comes time to be in the back of them in handcuffs.

 

 

Can I get car insurance for one month?

I need tags for my car and I have to have insurance. I can't afford more than 150 so does anyone know a good place I can go that would let me do one month or just somewhere that is cheap online that i can pay a little amount then cancel the rest?

 

 

Cheapest car insurance? I am talking less than $70 bucks a month. I have seen maybe 60 bucks a month lowest?

Only answer this question with exact information of a company that can go cheaper than 70 bucks a month as that is the lowest I have been able to find.

 

Have a farely new Auto Loan but have to leave the country... What to do?

I have been working here in the US for quite some time now (around 5 years) and I bought a brand new van (for my family of 5) through an auto loan a year ago thinking that all will be fine with my stay here. Unfortunately, I now have to leave the country immediately due to issues with my visa. I have never been late for a payment and have an extremely good credit score indicating that I have been relatively responsible with my my finances. I wouldn't consider myself one who splurges and I have generally been living from paycheck to paycheck. Under the impression that all will be fine with us here in the US, we thought of investing on a brand new van since we see it as a necessity and that we would take care for it til it dies on us. Unfortunately, this issue was something we didn't see coming and now that I don't have work, I will definitely not be able to make my monthly payments. On Kelley Blue Book, the car's value is significantly less (by about $3k to $4k less) than what I still owe on the car. I am going to try and sell the van but I am doubting that I'd be able to find a buyer before my departure. What should I do? P.S. I am not a bad person and had every intention in becoming a respectable citizen of the US. This event has been a shock to my family. I have 3 very little children and my wife whom I have to uproot and reacquaint with a new environment because of this. I understand that I should probably have not gotten into the loan with the possibility that I may have to leave but unfortunately, it seemed like a good idea then because everything had been fine with us previously.

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