What happens if you take your Acura ILX back to the dealership six months after buying it?

"I bought an Acura ILX six months ago. The payments are now stretching my budget far too thin.

Can I take the car back to the dealer? What happens if I do?"

Answer
“You can’t return a car to the dealer simply because of buyer’s remorse or costly payments.
If you do, this is known as a voluntary repossession. It will have a devastating effect on your credit—the same impact that an involuntary repossession would have.
Before you decide to hand the car over, you might want to shop around to see if you can refinance the vehicle. If you have decent credit and income, you might be able to lower your monthly payments enough to fit your budget.”
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Eric Schad
Answered on Jun 17, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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