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Feb 21, 2008 | 01:12 PM

#11

IheartS2ks

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If I was that upside down I'd keep it. Look to refinance to lessen the blow.

Feb 21, 2008 | 01:38 PM

#12

McMuffin

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From: Watching You, Fl

Yea. Thanks for the info guys. Im looking for a credit union right now. Any sugestions?

Feb 21, 2008 | 02:11 PM

#13

gosixers215

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Joined: Sep 2004

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http://www.creditunionsonline.com/

Try starting there. Consider it a lesson learned and next time you'll be better armed to purchase a car.

Feb 21, 2008 | 03:23 PM

#14

vtec9

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Joined: Dec 2005

Posts: 10,106

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From: Connecticut

Quote:

Originally Posted by JDM-S2K19,Feb 21 2008, 04:23 PM

Yea i am really upside down. I owe like a lil over 17,000 and the car is worth like 10,000-11,000. I was thinking of joining a credit union and doing that. My rate is 13% as a 1st time financer. i Also got citifinacial auto as my financer.

Wait.. How do you owe $17,000 when you purchased the car for $16500 and have made payments on the loan?

Will you end up paying $17,000 in the end if you make monthly payments, or is that really the one day payoff quote?

Feb 21, 2008 | 03:38 PM

#15

Vik2000

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Joined: Jul 2007

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From: Behind You

Should've asked suggestions from everyone on this board before purchasing?

Feb 21, 2008 | 08:54 PM

#16

McMuffin

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From: Watching You, Fl

Yea i would of but never knew this site existed until i got the car. Well you have to look at my interest rate i have a 13% interest rate. and the car was 16,500 with no down payment.