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re: Need advice on whether to sell car to pay off some bills
Posted on 8/10/13 at 4:53 pm to AnonymousTiger
Posted on 8/10/13 at 4:53 pm to AnonymousTiger
If you can get a good trade in value on the car the lease option doesn't sound bad
The 30 more a month won't be near as much as the useless interest you'll be paying on the CC debts. If you can use that cash flow to knock your CC debts down considerably it's probably a smart move.
The 30 more a month won't be near as much as the useless interest you'll be paying on the CC debts. If you can use that cash flow to knock your CC debts down considerably it's probably a smart move.
1
Posted on 8/10/13 at 4:56 pm to Powerman
I keep working through the plan in my mind, and I don't see many downsides. But I really don't know much about leases other than my research has taught me over the past couple of weeks.
I hear a LOT of people talking about how leases are bad financial moves, but maybe in my particular situation it could pay off?
I hear a LOT of people talking about how leases are bad financial moves, but maybe in my particular situation it could pay off?
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