<prompt> Human: I have myself a car that no longer runs that I still owe over 5,000 on and am curious as to whether itd be better to just have them repossess the vehicle and deal with the stab to my credit report. Is it worth stabilizing my finances in the short term as well as stopping payments on a vehicle Im not using?Assistant: You wont just take a hit on your credit - theres a good chance the lender will sue you to collect the remaining 5,000. You owe that money.Human: What I saw online is that they sell the vehicle and make you pay the difference is this true or would they still try for the full amount even after reselling the vehicle?  <response>: You pay the difference. They wont put much effort into getting a good price for the vehicle, though. Youre definitely better off trying to sell it privately rather than letting it get repossessed youll be charged fees for the repossession too. 