How should I handle my upside down car loan?

tammyd

New member
Joined
May 22, 2008
Messages
12
Reaction score
0
Points
1
I owe 11,000 on my 2007 car that I bought new, it is worth only 8K to sell privately and 7K or less for trade in. Obviously I bought it from a crook of a car salesman while I had bad credit, big surprise. Well, my credit is much better now, but I'm unsure if I should just pay it down or sell it? Anyone with experience out there? I could use some advice.

Thanks!
I think I will run it into the ground. Thanks guys :-)
 
Back
Top