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Yes. It is illegal to hide a vehicle from the auto finance company or to intentionally avoid repossession when the auto loan is delinquent, so it is generally a good idea to surrender the vehicle, is the loan cannot be repaid or payment arrangements cannot be made to keep the vehicle.
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Until, bankruptcy is filed, it is illegal to avoid creditors who has a lien on a vehicle, but of course you should follow your local attorney's advice.
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Can you describe as to what happened when finance company tried to repossess the vehicle?
Have you been arrested or questioned by law enforcement yet?
Do you know if an arrest warrant had been issued?
Why are you delinquent on the loan and how many months are you behind?
Did the police explain or mention for the citations will be for?
Did the police officer said that warrant would be issued by 11am or 11pm?