should i voluntarily allow my car to be repo'd?

A voluntary surrender is where you actually drive the car back to them and give them the keys.

The benefit to you, by surrendering it, is that it will save you $300. The alternative is that if they have to send repo guys out to come get it, then they charge you $300 for a repossession and put it on your account.

Albeit, voluntarily surrendering your car doesn't erase your balance. They will sell the car at auction and apply the proceeds from that sale towards your balance. You will still be responsible for any deficiency balance.

I purchased a car for 14,000. and I've had the transmission replaced within the year-I only had it for a year yesterday. The car also has a large oil leak in which the motor is on it's way out. I had a repair shop that revealed that the car had (3) major recalls on it and I still owe $7,000-I want to do a voluntary surrender. How do I go about making this happen.

if it is going to be repoed anyways drive it for as long as possible, make sure you have something lined up in the meantime though. sounds like you already know what to expect with the outcome