Re: OT: Trade it or eat it?

From: droo (03dakotaCC4.7_4x4@comcast.net)
Date: Wed Aug 04 2004 - 17:33:11 EDT


On Tue, 03 Aug 2004 22:00:34 -0500, Gary Hedlin <garyhedlin@sbcglobal.net>
wrote:

>
> First thing I would do is hop on kelly blue book and see what's the truck
> worth. If it's worth less than what you owe, you're pretty much screwed.
> If you can sell it to pay the loan off, I would do that. Even if you
> have
> to fork over $2-300 to pay it off, it's worth it when you won't have
> that
> nightmare on your shoulders.
>

I'd also like to add the getting rid of the veichile allows you to get rid
of that insurance payment. So even if you have some of the loan to keep
paying, at least you don't have that insurance.

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