“I am sorry to hear about your situation. The short answer is yes, you are still responsible for the balance of the loan, even though the car isn’t driveable. There may be a few options that can help you out a bit, though.
If the car is truly damaged beyond reasonable repair, call the local scrapyard and see what they can pay you for the vehicle. You won’t get the full $9,000, but they will give you something for the car.
If your credit is good enough, the dealership may be able to help roll your past-due loan into a new loan. This means your monthly car payment will be higher than average, but it is a way for you to pay the loan off and keep a good credit rating.
When the time comes, use a free car insurance
shopping app like Jerry
to save on your coverage. Jerry shops with over 40 carriers to ensure you are getting the best rate. “