However, there are some exceptions to this rule. In some states, you may be entitled to a refund of your down payment if the car is repossessed within a certain period of time. Additionally, some lenders may offer voluntary repossession programs that allow you to surrender the car and receive a refund of a portion of your payments.
If you are facing repossession, it is important to contact your lender as soon as possible to discuss your options. You may be able to work out a payment plan or other arrangement to avoid repossession.