Quality acceptance Scam and aggressive auto finance Van Nuys CA

It sounds like you thought you could renegotiate the interest rate with the lender after you signed a financing contract with them. That's not realistic for any lender.

Once you have signed the financing agreement, the lender wants it paid on time and in full according to the contract you signed. They aren't going to reduce the rate because they are in business to make a profit. The higher rate allows a higher profit. 

How people get a better interest rate is by refinancing the vehicle with another lender - not the lender that has the current loan. In order to successfully refinance you would need to have made all of your payments on time. The interest rate would be dependent on how you have handled your credit (credit score) and naturally the new lenders guidelines.  Take some time to learn about refinancing and about credit scores so you know what to do next time you are faced with a choice like this one. 

Turning your vehicle in has a negative impact on your credit as that is considered a voluntary repossession. As mentioned, a repo doesn't get rid of the balance you owe after the auction by the lender. You will need to make payment arrangements if you don't have enough to pay off the remaining portion of the loan in full. 

I have no affliation with this or any other lender. Just giving you a heads up that turning in the vehicle doesn't get rid of the loan and refi was the way to get your rate reduced. 

 YOU turned in the car. That's s VOLUNTARY REPO. Turning the car in DOES NOT make the balance vanish. You are STILL on the hook for the contracted amount. They sell the car at auction and YOU will be sued for whatever is left.

It happens every day with deadbeats! Now let's see you respond with something highly intelligent like "you must work for them"!