What would you do?

[hmd2009]

According to KBB, the TRADE-IN value of my car is:


Condition Value


Excellent
$11,200

Good
$10,550

Fair
$9,400

Having a moose do $7500 worth of damage to it (that was repaired), I'm not sure how much of the value that would knock off. I owe a little over $19 on it.

[hmd2009]

Does anyone have any info in regards to the car situation?

So I guess my plan is to pay down the small stuff that I can and hoard money til we're back financially on our feet.

[disneysteve]

According to KBB, the TRADE-IN value of my car is:

Don't look at the trade-in value. Look at the private party sale prices which are probably a couple thousand higher. So let's say you could get $12,000 for the car (I'm assuming the moose damage was all repaired). You owe $19,000. If you can sell for 12K and get a personal loan for the remaining 7K, then buy another car for about 5K, you will have lowered your total debt from 19K to 12K. That could reduce your payments considerably. It all depends on what kind of financing you can line up.

[ironicone]

Commendations on carrying twins for your friends. As someone who has watched numerous couples fail to carry a child to terms, and also some become parents through surrogacy, one thing stood out for me. Are the individuals you are carrying the child for paying any of the *actual* costs of you carrying the child (i.e. helping with food, daycare for existing children, etc)? I am just asking because I thought it was somewhat standard practise to do this ( I am not saying paying an exorbitant fee for carrying the children or anything).
Good luck with the rest of your pregnancy. Also, thank you for allowing another individual become a parent:-).

[minnie1928]

Are the individuals you are carrying the child for paying any of the *actual* costs of you carrying the child (i.e. helping with food, daycare for existing children, etc)? I am just asking because I thought it was somewhat standard practise to do this ( I am not saying paying an exorbitant fee for carrying the children or anything).
Good luck with the rest of your pregnancy. Also, thank you for allowing another individual become a parent:-).

I wondered the same thing as well.