Friday, August 12, 2011

How do I get rid of my car?!?

If you are upside down in the car, meaning you owe more than it is worth then there's not much you can do. Buying a new car, even if it were cheaper would put you deeper in the hole because they would add on what you currently owe to the price of the new car and then stretch the payments out to make it (seem) cheaper for you per month. This would just push the problem further down the road. See what else you can cut from your budget and get aggressive about paying this car off.

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