So I really screwed up. I bought a BMW on a honda civic budget and i don’t know what to do. I started figuring out my total auto costs when budgeting and it’s insane. I pay 106$ a month on gas 209 on insurance and 82$ a month on average on service. Tolls are 100$ a month. I had terrible credit at the time so i got an awful loan. Now Im underwater and I just want out. It’s a BMW 128i 62000 I owe about 8.5 grand and the blue book is about 7.5. My interest rate is 17.46% and my minimum payment is 295 a month. I am paying about 800$ a month to comute to work . I’ve started having electric problems... I’m freaking out .
What are my options for getting out of this as fast as possible and getting a honda?
Submitted March 12, 2019 at 10:55AM by ablobnamedrob https://ift.tt/2HseRAJ