Auto Repo Auctions

ok my car is going to get repossed, when they sell at a auction i still have to pay the balance how much will my payments be? Im currently paying $525.xx will they be less? Should i try selling the car on the street and giving all of the money to the bank THEN pay off THAT balance?
no im nowhere near a repo but just womdering how much my payments will be for the remaning balance? I want to pay for my wifes college. I rather have shity credit now so my wife can go to college then be selfish and drive an expensive car that we dont need. I know, stupid! but i think her school is worth more then my credit i just turned 22 so im not getting a house any time soon. HEY I LOVE SUBY THE CAR IS ACTUALLY A 2004 SUBARU WRX! LOL!

My friend had his F150 repoed about 1 year ago. He would like to purchase another one. The balance left after the repo has already been paid in full. When he checked his credit report his scores are transunion 595 equifax 620 and experian 630. He dosen’t understand how he can have scores like that after his repo along with other bad debt. What is his chances of purchasing another vehicle? I stated to him that I had a repo on a ford escape 1 year ago. It was auction off with no balace owed on it. I waited1 year and purchase another brand new vehicle from the same dealership and was financed throught the same finance company and I have no idea what my credit scores are.

I bought a car using wells fargo as my auto loan the car was repossed a year ago,on my credit report it says high balance $5,843 and then balance $8,000 the car was sold at auction in april of last year for $6,300,I called the creditor and he told me all kinds of things I didn’t understand.I guess my question is the high balance wouldn’t that cover all the cost if my car was sold for $6,300 I think they rounded to $8,000 due to interest
I have called wells fargo numerous times only to be told they cant provide info because it was handed to a collection agency(NCO)well I called them and got no further neither will send me paperwork on the auction price till the account is paid in full and yet I still am paying late charges and interest every month even though I haven’t had the car in a year,also they said I could not get the money back from the auction because I signed it in the contract which I dont see in mine so I am disputing and contacting an attorney.Also they said they mailed the letter on to the address when they held the auction to my mother the address they say on the contract which I have as our po box so needless to say we never got the letter they claimed to have mailed and they WILL NOT mail another
To better understand the payment::
I bought this car May 2006 for $13,099 amount financed plus the finance charges of 8,084.12 this was at 17.10% total of payments 21,183.12 paid no late fees till nov 2007that when it lapsed for 4 months till they took it in April(my payments were $294.21 a month)I just dont understand how I owe $8,072

Because of a recent divorce. I’m stuck with two vehicles. A 2007 Jeep Commander and 2005 Mazda 6. Both are going to cost me an arm and a leg to get rid of so I think I’m going to be forced to let one get repo’d. How do I find out how much these cars normally go for at auction? Because I’m going to owe the difference.

im trying to find a car and i found sites about secret repo auctions, where things the goverment repoed are selling cheaply cause they wanna get rid of it but when i go to the site i have to have like a $40 membership to look are they all scams?

i have a car that is less than 2 yrs old. had problems the last 7 months. finally, the dealership said big time engine problems. need to replace. BUT because i can’t provide history, the dealership denied fixing. 8K to fix which i don’t have. dealer suggest i trade in. tried trading in - loan is more than car - they don’t want to trade. suggest volunteer surrender. only way they can do deal is the surrender AND having spouse purchase another vehicle. purchased vehicle and called in the surrender. bank suggest private sale but i’ll be getting the same amount in private sale vs. their auction with the engine problems! can’t afford it both ways. am i stuck with being sued/judgements, etc. NOT FAIR .. but what do i do????
okay … if i surrender, i still owe .. that i get .. but if i surrender and can’t pay simply because there IS no $$’s, then how do they sue someone who doesn’t own anything (no mortgage/full-time mom - all but car under spouse). credit will take a nosedive, but say i wait the 7 years or miraculously, the account is deleted (credit dispute not answered w/in timeframe etc., - okay, i said miraculously!) , what happens to the monies owed? i’m trying to understand these new terms i’m reading on the web i.e. ‘judgements’, ’statute of limitation’ and how this all ties together …