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How to rid of a car finance? |
I have a 2007 Chrysler Town & Country, we like it, but we had a family emergency and now we can't afford it. I still owe $19,800 and from what I discovered, it's only worth about 15k. I only have about 13k miles in it. How can I get rid of it and be free of this debt without getting into another vehicle? sale and take you loss -- long you wait the bigger the loss!!! Sell the car and get a small bank loan for the difference. The longer you keep the car, the more value it will lose and your finances will continue to suffer. Next time, save up and buy the car with cash. If you can't afford to buy a car with cash, then you can't afford it. |
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