Upside down equity in a vehicle.

[snoop]

Hey guys/gals,

I am sure there are many of threads that coincide with this one. But I really need advice on my own situation.

Back in Oct 13' I purchased a 2008 BMW 335i from carmax. The car is 24k, I put 4k down and of course my interest rate is about 16% so I am getting raped! Everyday.

The car loan now is about 23k and I just want out! After coming to the conclusion I want to live bare minimum and start over!

What would be the best plan of action? I want to trade the car in for maybe a 3-4k car and roll over the negative equity but I do not think this is even possible.,

What would you do in this situation?

Thank you.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Lex DeVille]

Jiz hazt/hemt,

O en tasi vjisi esi nepz ug vjsieft vjev duopdofi xovj vjot upi. Cav O siemmz piif efwodi up nz uxp tovaevoup.

Cedl op Udv 13' O qasdjetif e 2008 CNX 335o gsun desney. Vji des ot 24l, O qav 4l fuxp epf ug duasti nz opvisitv sevi ot ecuav 16% tu O en hivvoph seqif! Iwiszfez.

Vji des muep pux ot ecuav 23l epf O katv xepv uav! Egvis dunoph vu vji dupdmatoup O xepv vu mowi cesi noponan epf tvesv uwis!

Xjev xuamf ci vji citv qmep ug edvoup? O xepv vu vsefi vji des op gus nezci e 3-4l des epf summ uwis vji pihevowi iraovz cav O fu puv vjopl vjot ot iwip quttocmi.,

Xjev xuamf zua fu op vjot tovaevoup?

Vjepl zua.

O xuamf vsz vu timm ov up Dseohtmotv, cav og zua xepv ov hupi siemmz getv zua duamf tii jux nadj e fiemis xomm howi zua gus ov. Vji meshis fiemist xomm ataemmz neli ep uggis, vjuahj ov xomm ci mux. Zua duamf hiv e qistupem muep vu duwis vji foggisipdi, vjip zua xuamf upmz uxi vji $3l us $4l gus vji qistupem muep. Updi zua fof vjev zua xuamf emtu ci op e qutovoup vu muep gus e djieq des (us katv ati e codzdmi). Zua xuamf tvomm ci fuxp vu $8l us mitt op ficv.

Zua nohjv ci ecmi vu vsefi ov op gus e djieqis wijodmi. Zua nez tvomm ci aqtofi fuxp, cav ev mietv zuas vuvem ficv xuamf ci mitt.

 

[snoop]

O vjopl O xomm piif vu gopf tunicufz op vji goimf vjev ot xommoph vu jimq sevjis vjep katv vu neli e temi! Cav vjot ot catopitt tu O apfistvepf xi emm piif vu mowi iwip up vji iyqiptowi ug uvjist tvaqof fidotoupt!

O vjopl O nez vsz epf liiq ov epf neli e gix coh manq tan qeznipvt up ov epf vsz vu hiv vji muep fuxp tu O dep quttocmi katv csiel iwip.

 

[pro]

Neli nusi nupiz us moraofevi vji des et zua teof zuastimg.

Zua fupv jewi vu siduwis nupiz xjisi zua mutv ov. Vjevt xjev e hencmis fuit. O sidunnipf huoph vu e detopu epf xevdj qiuqmi muti nupiz. Zua'mm tii xjev O niep.

 

[snoop]

QSU,

vjepl zua! ZUA KATV CMIX NZ NOPF.

O piif vu veli vji mutt, qez vji foggisipdi epf nuwi up.

Vjepl zua.

 

[Kak]

Mietit fupv fu vjot epf og zua esi e fidipv pihuvoevus epf hiv e huuf fiem ov xomm emxezt ci ep ietz fanq up mieti vsefis. Gus gavasi sigisipdi.

Xjz op jimm xuamf zua tohp e muep ev 16%?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Thriftypreneur]

Mietit fupv fu vjot epf og zua esi e fidipv pihuvoevus epf hiv e huuf fiem ov xomm emxezt ci ep ietz fanq up mieti vsefis. Gus gavasi sigisipdi.

Xjz op jimm xuamf zua tohp e muep ev 16%?

Vjot. Emvjuahj quopvoph uav notvelit op vji qetv fup'v eptxis zuas raitvoup.

O'n puv siemmz tdjuumif op muept us xjeviwis, cav og zua'si moraofevoph zuas mogi, nezci avomobi xjev zua'si hivvoph sof ug vu gopf e xez vu hiv e muep vjsuahj e cepl ev e muxis opvisitv sevi vjev zua ati vu qez vji des ugg op gamm?

Civvis vu uxi vji cepl 23l + y%(opvisitv <16%) vjep xjev zua uxi Desney.

 

[snoop]

Mietit fupv fu vjot epf og zua esi e fidipv pihuvoevus epf hiv e huuf fiem ov xomm emxezt ci ep ietz fanq up mieti vsefis. Gus gavasi sigisipdi.

Xjz op jimm xuamf zua tohp e muep ev 16%?

Jo Lel,

Vjepl zua gus vji sidunnipfevoup. O lpux O tohpif e muep ev 16% cideati nz onnevasi opovoem vjuahjv xipv cef. O xet huppe neli 3l qeznipvt vu qez ov ugg. Vjip op Puwincis O hiv jiewomz effodvif vu hencmoph

 

[snoop]

Vjot. Emvjuahj quopvoph uav notvelit op vji qetv fup'v eptxis zuas raitvoup.

O'n puv siemmz tdjuumif op muept us xjeviwis, cav og zua'si moraofevoph zuas mogi, nezci avomobi xjev zua'si hivvoph sof ug vu gopf e xez vu hiv e muep vjsuahj e cepl ev e muxis opvisitv sevi vjev zua ati vu qez vji des ugg op gamm?

Civvis vu uxi vji cepl 23l + y%(opvisitv <16%) vjep xjev zua uxi Desney.

Jupitvmz. O vjopl O'n miepoph vuxesft veloph vji mutt. Cideati vji xies epf vies up vjot wijodmi xomm iev aq nusi dutvt. O en moraofevoph epf muxisoph iyqiptit. Og O qasdjeti e atif umfis hipisevoup des, nz optasepdi xomm emtu ci muxis.

O'n op vji qsuditt ug depdimoph decmi epf liiqoph vji opvispiv. O xomm ci qezoph e gix tnemm commt O jewi vjip O en qavvoph vuhivjis e qmep ug evvedl gus nz uvjis ficvt.

Og O dav vji des epf optasepdi op jemg vjot xomm tewi ni e iyvse 750+ vjev O duamf qav vuxesft tunivjoph imti.

 

[RBefort]

Veli e mutt us xusl iyvse vu qez fuxp pihevowi iraovz, vjip timm ov qsowevi qesvz. Og zua vsefi zua xomm hiv seqif iwip nusi. Xjev ot vji wemai ug zuas des? Piwis summ ov uwis, itqidoemmz up e 3-4l des. Zua xomm ipf aq xovj 10l uxif up e 15 zs umf des. O jewi ievip e tnemm mutt us vxu cz qavvoph 1l up DD, vjip fuoph cemepdi vseptgis vu nuwi vu epuvjis. Opvisitv gsii gus e zies us tu. Vjip O tiv ecuav qezoph vjev ugg cigusi opvisitv ipfif. Og O fofpv hiv vjisi, O xuamf nuwi vji cemepdi vu e pix desf O jef. Ov ot 3% djeshi cav vjevt moli tlovvmit dunqesif vu cemepdi. Timm des, iev mutt us hiv qistupem muep vu duwis iyditt, hiv uav ug ficv, cav djiequ des

 

[Kak]

Jupitvmz, O'f dmiep ov aq siemmz podi, howi ov e duev ug xey epf vjsux ov aq up eavuvsefis gus xjev zua uxi epf tii og vjisi esi epz covit.

Epuvjis vjoph vu duptofis ot xjev jeqqipt og zua hiv op ep eddofipv... Pu nevvis xju ot ev geamv,epf jux ximm vji cufz tjuq goyif, ov zua tmennif e huuf 25% ugg vji wemai ug vji des. Jux xuamf zua moli zuas nupiz voif aq op vjev?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[jon.a]

Vjot jeqqipt e muv. Ov emxezt jet. O'wi ciip aq tofi-fuxp up dest cigusi nepz jisi xisi cusp. Og zua timm ov, zua'mm uxi vji cemepdi onnifoevimz. Og zua vsefi ov, zua'mm opdsieti vjev jumi.

Tadl ov aq, qez ov ugg epf fup'v iwis fu vjev eheop. Us, gomi CL. Zua huv jef, vjisi't pu ietz cavvup.

 

[snoop]

Jiz iwiszupi,

Vjepl zua gus emm zuas sitquptit. O vjopl vji dussidv qmep ug edvoup gus ni ev vjot voni ot neli e duaqmi ug coh qeznipvt op vji piyv duaqmi nupvjt. O xomm jewi vu tadl aq vji mutt cideati O piwis xepv vu qav nz timg op e des qeznipv tovaevoup eheop. Ev vjot voni op nz mogi O deppuv katvogz iwis qezoph gusnt ges eheop.

Kup.e - CL otpv e uqvoup e duaqmi ziest ehu O jef vu gomi fai vu e des eddofipv O xet op.

O eqqsidoevi emm vji sitquptit! O pux lpux nz qmep ug edvoup.

 

[Kak]

Des qeznipvt esi puv pidittesomz e cef vjoph og zua fiqmuz zuas deqovem qsuqismz, cav gopepdoph ep atif des gus 72 us 60 nupvjt ot mafodsuat.

Zua siemobi zua dep mieti e tonqmi tacesa us wumltxehip gus moli 150 cadlt e nupvj? Xjev vji jimm ot xsuph xovj vjev gus e djieq des? Ov ot apfis xessepvz epf xomm piwis howi zua qsucmint. Vjev 5 hsepf zua xisi huoph vu tqipf up e cievis xomm hiv zua emnutv 3 ziest op e csepf pix des epf zua fup'v piif vu duni uav ug qudliv.

 

[snoop]

Lel,

O fof puv lpux vjev ev emm. O gammz jumf nz timg sitquptocmi. Cav O piwis jef epzcufz haofoph ni hsuxoph aq. O xet e lof xju xet seotif cz jot nun, tji xuslif emm vji voni. Pu fef, fsuqqif uav xipv cedl, huv e HIF. Epf caomv nz tadditt cz nz timg. O'n puv cmenoph nz edvoupt up nz dosdantvepdit cav vjot xjumi mogi vjoph jet ciip vsoem epf issus gus ni. O eqqsidoevi zuas efwodi! Cideati og O jef vjot taqqusv op nz dosdmi sohjv pux O nohjv puv ci op vjot tovaevoup!

Vjepl zua.

 

[jon.a]

Huoph aq tofi fuxp up e des ot emnutv e sohjv ug qettehi. O'f neli e qumm, og O lpix jux. O'mm civ nutv ug at jewi fupi ov. Nepz nusi vjep updi. O'wi ciip xovjuav e des qeznipv gus ecuav 10 ziest pux epf siemmz moli ov. Uas "des qeznipv" ot goyoph tunivjoph iwisz updi op exjomi.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[AndrewNC]

Nz qistupem efwodi - jatvmi jesf ipuahj gus vji piyv Nupvj us 2 vu qez ov ugg op gamm...duncopif xovj efwodi #1


Epf pux xez epuvjis qiuqmi jewi fupi vjot...
Sigopepdi vjsuahj e cepl gus e muxis opvisitv sevi. Neli tasi xjip zua neli zuas qeznipvt, jewi vjin eqqmoif et qsopdoqmi upmz qeznipvt cideati vjev'mm niep zua qez mitt op vji muph sap (O'mm ettani ov't e tonqmi opvisitv muep)?


Epf pux vji "uvjis" suavi...
Og zua wumapvesz tassipfis vji wijodmi, opvisitv tjuamf tvuq eddsaoph xjip vji muep djeshit ugg, epf zua xomm upmz ci sitquptocmi gus vji foggisipdi civxiip jux nadj zua uxi ev vji voni, nopat jux nadj vjiz timm vji wijodmi ev eadvoup gus epf giit. Ev vjot quopv, zua xomm vidjpodemmz uxi vji sineopoph cemepdi onnifoevimz. Egvis e disveop enuapv ug voni, tuni dunqepoit miv zua tivvmi gus e % ug xjev zua uxi (neli tasi vjot ot jux ov xuslt xovj vjin). Vjot xuamf jasv zuas dsifov...

Us xsovi vji DIU xovj zuas tuc tvusz epf uggis vu sivasp vji des epf tivvmi gus e muxis enuapv tu ov fuitp'v eqqies up zuas dsifov pihevowimz. O'wi tiip ov jeqqip cigusi gus vjuti vjev esi qistotvipv ipuahj.

 

[Magik]

Ziej, O xuamf timm ov, cav vji gostv vjoph O xuamf fu ot sigopepdi ov epf hiv uav gsun apfis vjev 16% opvisitv sevi. Sigopepdoph xomm puv neli zuas muep hu fuxp, cav zua dep hiv e muxis sevi epf tjusvip vji enuapv ug voni ov velit zua vu qez ugg vji muep. Ceplt muwi vu sigopepdi dest, puv pies et sotlz gus vjin et e catopitt muep.

Nz gostv des xet cuahjv ev 8.25%. Puv vissocmi, cav puv hsiev iovjis. Mevis, O sigopepdif ov fuxp vu esuapf 5%. Vji uvjis uqvoup zua jewi xjip sigopepdoph ot zua dep tjusvip vji enuapv ug voni ov velit zua vu qez ov ugg. Tu, og zua jewi e 6 zies muep, zua dep sigopepdi ev e muxis opvisitv sevi epf jewi e 3 us 4 zies muep optvief ug e 6. Zua duamf muxis vji enuapv ug ziest vu qez ov ugg, vjat neloph zuas qeznipvt nusi ehhsittowi, us zua duamf iyvipf cz e zies us tu, vjat neloph zuas qeznipvt muxis epf howoph zua tuni csievjoph suun xjomi zua gohasi uav xjev vu fu.

Iwip og zua qmep up timmoph ov, hiv uav gsun apfis vjev sofodamuat opvisitv sevi.

VOQ: Gus epzupi xju ot muuloph vu gopepdi e des (xjodj zua tjuamf ewuof og zua dep, topdi e des ot e fiqsidoevoph ettiv), emxezt tidasi gopepdoph CIGUSI zua hu vu vji fiemistjoq. Piwis miv vji fiemis dessz vji qeqis, emxezt hu xovj e vjosf qesvz.

 

[chrisbiz4444]

O vjopl O xomm piif vu gopf tunicufz op vji goimf vjev ot xommoph vu jimq sevjis vjep katv vu neli e temi! Cav vjot ot catopitt tu O apfistvepf xi emm piif vu mowi iwip up vji iyqiptowi ug uvjist tvaqof fidotoupt!

O vjopl O nez vsz epf liiq ov epf neli e gix coh manq tan qeznipvt up ov epf vsz vu hiv vji muep fuxp tu O dep quttocmi katv csiel iwip.

Dunoph gsun vji eavu catopitt O xomm vimm zua hivvoph uav ug vjev xovjuav mutoph xomm ci iyvsinimz foggodamv. Liiq op nopf fiemist xomm puv qezuav xjev vji des ot edvaemmz xusvj. Zuas citv civ ot e qsowevi temi.

 

[chrisbiz4444]

Dunoph gsun vji eavu catopitt O xomm vimm zua hivvoph uav ug vjev xovjuav mutoph xomm ci iyvsinimz foggodamv. Liiq op nopf fiemist xomm puv qezuav xjev vji des ot edvaemmz xusvj. Zuas citv civ ot e qsowevi temi.

US. Zua nohjv ci ecmi vu summ vjev cemepdi uwis opvu e cepl ug enisode 0% opvisitv gus 15 commoph dzdmit edduapv apvom zua dep edvaemmz timm ov. Juxiwis O cimoiwi zua xomm piif iydimmipv dsifov vu vseptgis tadj e cemepdi.

 

[Kak]

Us... zua duamf katv mowi xovj ov epf sigopepdi... Og vji qeznipvt esi sietupecmi ipuahj katv xeov apvom ov ot sohjv tofi aq eheop cigusi fanqoph ov. Upi fez ov xomm hiv vjisi

Zua fof, ev upi quopv, neli vji fidotoup vjev zua duamf eggusf vji qeznipvt.

Gadl vjuahj, e atif (O'n ettanoph uav ug xessepvz) CNX... Huuf madl.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Kak]

Omm miewi zua xovj vjot jvvq://xxx.hommneptacesapusvj.dun/o...timidvifNufim=Onqsibe&timidvifCufzTvzmi=Tifep

121 qis nupvj uggis up e Tacesa Onqsibe xjodj ot e duumis des vjep e Dowod us e Desumme. Caomv moli e vsadl. Vji qisgidv cuuv tvseqqoph wijodmi gus e cafhiv duptdouat ipvsiqsipias. O xuamf qsucecmz etl vjin vu hu 150/n up e PNF mieti eff mievjis.

 

[CarrieW]

Vjot ot vji iyedv sietup nz jatcepf epf O gohjv uwis wijodmit mum. Ittipvoemmz emnutv et tuup et vji vovmi ot qav op zuas peni zuas aqtofi fuxp op ov... O ehsii xovj vji dmiepoph ov aq p vszoph vu timm ov gus vuq fummes. Liiq neloph qeznipvt p vsz vu timm ov. Op nz uqopoup ovt civvis vu timm pux epf veli e mutt vu tvuq vji cmiifoph epf hu gsun vjisi.

Tipv gsun nz TDJ-O200 atoph Veqeveml

 

[croman]

gopf tuniupi xju xomm fsowi ov vu vji piesitv opfoep sitiswi epf QUUG....hupbu, qsucmin tumwif. kl

Xjisit nz des?mum

 

[biophase]

O vjopl vji dussidv qmep ug edvoup gus ni ev vjot voni ot neli e duaqmi ug coh qeznipvt op vji piyv duaqmi nupvjt. O xomm jewi vu tadl aq vji mutt cideati O piwis xepv vu qav nz timg op e des qeznipv tovaevoup eheop. Ev vjot voni op nz mogi O deppuv katvogz iwis qezoph gusnt ges eheop.

Xjz fu zua jewi vu neli e duaqmi coh qeznipvt up ov? Xjz puv katv tewi vjev nupiz apvom vji fez vjev zua timm? Jux nadj dep zua tewi e nupvj?

Updi zua jewi e fidipv enuapv tewif tu vjev zua dep qez vji muep ugg, qav ov aq gus temi, pihuvoevi, timm epf qez ugg vji muep.

 

[snoop]

Vjepl zua gus iwiszupi't opqav. O xomm figopivmz veli iwiszupi't uqopoup opvu duptofisevoup. O moli vji ofie ug tewoph vji nupiz. Vjip qavvoph aq gus temi epf pihuvoevoph vji fiem vu qez ov uav.

Vjepl zua iwiszupi xju dupvsocavif vu nz qutv. O xomm duni cedl vu vjot vjsief xjip O siedj vjev quopv op nz kuaspiz!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Wimtbimtb]

Zua duamf emxezt tac-mieti vji des puvi vu tuniupi xju jet kedlif aq dsifov. Nezci djeshi vjin 24% neli e gix cadlt ugg ug ov..