#upside

12,000 upside down car

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12,000 upside down car I had a very bad financial crisis during 2023/24 and had to downsize my vehicle due to monthly payments being more than I could afford. I ended up getting a 2011 Hyundai Elantra financed for $17k (yeah I know I fucked up) because it was literally the only thing I could find that I could afford the monthly payments for at the time. I filed bankru…

Reddit Personal Finance 643 2025-01-31

Upside Down Vehicle

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Upside Down Vehicle I am really just needing someone to help reassure me that I’m making the right decision here. I have a vehicle around $8-$10k upside down. I have the money to get rid of that negative equity and get rid of the vehicle I’m just having a hard time spending that money only because this is the most money I’ve had for myself in a long time. Sold my h…

Reddit Personal Finance 518 2024-11-28

Way way upside down…

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Way way upside down… My lil’ sis is in quite a predicament… A while back she tried to get the cheapest car she could find, it was a 6000$ infinity something… unfortunately, she didn’t realize the car insurance for a “luxury” car was $600/month. She definitely couldn’t afford that, so she kinda gave up and got a jeep lost money on the deal and rolled 2k from that…

Reddit Personal Finance 784 2024-06-09

Girlfriend is upside down on her car

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Girlfriend is upside down on her car My girlfriend’s car is worth about 9k and she owes 24k on it. I was tired of helping her pay for it so it is 2 months without being paid. She went without car insurance for 180 days and the license and registration is blocked. Is voluntary surrender and bankruptcy the best option along with paying reinstatement fee? submitted by /u/asainf…

Reddit Personal Finance 486 2023-11-15

What to do about upside down car loan?

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What to do about upside down car loan? A few years ago, I bought a different car as the one I had was getting too rusty to safely last much longer and still be reliable too. I got the same model, just 4 years newer as the previous one has never given me a single problem. Despite the new one being structurally and mechanically exactly the same car, it started having major problems by …

Reddit Personal Finance 216 2023-08-21