Quote:
Originally Posted by bagofpucks
Alright, bumping my old thread as I have a similar question. Different friend is in a dilemma. She has a 2019 SUV that she has $12-$14K of negative equity on. She is going through a divorce so it has become clear she can’t afford to keep it (probably couldn’t have afforded it in the first place, but I digress...). What are her options? Sell privately and eat the loss? Hand back the keys and take the 6-7 year hit on her credit? She has tried to discuss options with the dealer, but the issue is she really can’t afford any kind of payments, so there isn’t a lot of options there. Anyone else with experience on this have any insights?
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I'm guessing the payments must be just dreadful on this thing, such that my first thought of a lease or finance takeover is out of the question.