Letter of Volunteering to Car Repo

RE: Account #000000

In regards to the above account name and number, this is to inform you that I am no longer able to continue to remit the monthly payments. I have faced many financial and personal obstacles and difficulties in the last few months. It will take some time until I will regain my financial status back. I understand, as a corporation, you cannot let me keep driving the car without making the payments. So I have come to conclusion that I will give up the car voluntarily.

I will leave the key and the car at my resident. You can send someone to pick it up.

Best regards,