Capstern, what I would do if you have some equity in your other car is sell both cars, use the equity from one to pay off the other
Posted by
oblique (aka kkuphal)
Sep 8 '11, 08:57
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then get a yourself a different, cheaper car that you can afford + whatever additional you're out from the underwater loan. Use your home equity perhaps to finance it so you can take out extra cash. In the end you'll be in a better cash flow place (1 lower payment instead of 2) and not at risk for her with your vehicle.
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