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re: Thinking of trading in my car
Posted on 8/29/17 at 9:15 am to seawolf06
Posted on 8/29/17 at 9:15 am to seawolf06
quote:I think that would be a even worse mistake. He would be paying $10k for a $5k car at that point. A $5k car of unknown history. Right now he has relatively new, reliable transportation. Yes, he paid too much but he has 0 car problems.
I wouldn't.
You're better off selling, taking the hit now and get a $5k replacement. Don't compound one mistake my making another.
And on paying extra, if everything else is funded, I would only because you are SO upside down. If you actually need to get rid of it at some point you are going to have to pay for it to go away. I'm hoping you have gap insurance?
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