What is a reasonable offer for a voluntary repossession?

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I am working on cleaning up credit and have a voluntary repossession from 2014. I'd like to see if I can offer an amount to clear it up. What would be a reasonable amount to offer?

If it's still within the SOL, will that make it more difficult to reach a settlement?

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I'd start with 30% of the original amount you had left on the loan.  The older it is, the more flexible they will likely be in settling. 

The problem with a repo is it's cash money the creditor has lost. They paid the dealer for the car.

UCC rules for repos usually lock the SOL to 4 years after the date of the auction sale of the car.   If you're outside of that SOL, you have the upper hand in negotiations, your credit report notwithstanding. 

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