Quote:
Originally Posted by Metric6
Since my car is an SUV, the value took a nose dive lately. The trade in value is about 10k, and I still owe 13K on it.
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The car payment is killing you (among other things).
Sell the car for 10K. Get a loan for 3K to pay off the balance. Buy a used car for 5K (or less). That will reduce your debt from 13K to 8K, lower your payments and reduce your insurance costs.