$36k is the payoff. That $30k Porsche may not have any accidents or damages, mine has one minor accident and one major underbody damage accident both from previous owner, but yea it doesn’t hurt to list it and see what people say.
For the minivan, although no one else in my family uses it (because they think it’s hideous) and I am the only one that uses it, its still my dads and I can’t really sell it. He would sell it to me for maybe $800 but I could probably only sell it for maybe $3-4k
Yup I definitely feel like I’ve had this mistake engraved into my mind, for the past many months I’ve been thinking of ways of how to get out of this mess and I’ve also been paying off previous debts too, this is just the last one. Especially recently I’ve been obsessed with finances, budgeting, and running numbers and learning about anything money and tax related. Reading books on general finances, real estate methods, philosophy of money, etc has been my favorite pastime recently as well as podcasts and and finance YouTubers. I’m much more knowledgeable now than I was even just last year and don’t think I’ll ever forget this mistake/awakening.
VeryDumbWithMoney OP t1_jeevvmy wrote
Reply to comment by jcastro777 in $16k negative equity on a car, how do I get rid of this? by VeryDumbWithMoney
$36k is the payoff. That $30k Porsche may not have any accidents or damages, mine has one minor accident and one major underbody damage accident both from previous owner, but yea it doesn’t hurt to list it and see what people say.
For the minivan, although no one else in my family uses it (because they think it’s hideous) and I am the only one that uses it, its still my dads and I can’t really sell it. He would sell it to me for maybe $800 but I could probably only sell it for maybe $3-4k