I co-signed a car loan for my ex-girlfriend, the loan was for $13,500 with payments set at $300 plus $100 for insurance. To make a long story short, she was hard on the car (broken windshield/rearview mirror, driver side window broken, dents and scratches on body, interior filthy, slashed dashboard, scratches/chew marks from dogs, remote key alarm broken, terrible smell in the interior, engine doesn't sound good. All this damage was done in about 7 months.
We split up and she wants the car, I told her that I'm keeping the car because she is destroying it (it has 77,000 miles on it). She said she won't make me liable if anything happens to it and, if needed, she has parents that have the money to bail her out. Her credit score has gone down and mine has taken a couple hits since we got the car so I don't think we can re-finance. Her Dad offered $1000 and take over the payments, until he got all the details, then he backed out.
What should I do?