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Two weeks ago, I bought a Jeep Grand Cherokee Limited. I have a good paying job and got financed through my back at 7.0% for the $16,000 Something in my life has come up allowing me to go back to school and get my college degree which by far is more important than working and keeping this nice car. I will not be able to afford the car when I head to school. Will the dealer take the jeep back? What if i offer to give them like $2000 cash to cover all the costs associated with the paperwork and what not? I know its a waste of $2000 but its better then leaving the car in the bank parking lot and getting a repo on my credit. Please help.. any ideas?
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