I currently have a 2014 vehicle that I owe ~$3,375 on. I make a $250 payment each month. Around this time next year I would have paid off the car which is roughly the around the same time I will graduate college. I checked some websites and was offered a little over $6,000 for the vehicle.
I live in a major US city so I won’t be using the car for the next year as I can take public transportation fairly easily. The car will be sitting in storage in the meantime.
Should I sell now since it’s so hot? I fear that once I graduate and find a job I’m gonna have to take out another loan for another car. It would be nice to pocket the $3,000 and save on the monthly costs (car note, gas, insurance, etc) but I’m not sure what the best move is financially.
Any help is greatly appreciated!
Submitted June 21, 2021 at 12:25AM by Comics4Days https://ift.tt/3wX12Bn
