Gf owes $7k on car worth $4k that requires $4k worth of repairs. Current trade in value is scrap for parts and she doesn’t have a down payment saved. What is the right play?
Gf owes $7k on car worth $4k that requires $4k worth of repairs. Current trade in value is scrap for parts and she doesn’t have a down payment saved. What is the right play? Explained in the title. For context she wrecked a car during 2021 when used car prices in our area were bananas. She went upside down on it pretty quick when values came back down. Her warranty expired 2,000 miles ago (FML) and we had it fully inspected 3000 miles ago by the scumbag dealership that sold it to her and they said it didn’t need any...