I currently have two newer cars with auto loans, 2008 Chrysler PT Cruiser ($350 a month) with 6000 miles and 100k bumper to bumper warranty. Second car is a 2006 Hyundai Sonata ($367 a month) with 60,000 miles with no warranty, The sonata KBB value is $9000, it is fully loaded. I cannot afford both loans now and I need advice, I live in Akron, Ohio, if you dont know ohios weather, it is crap, 4-6 months of nice weather, then the rest is snow or crap. I am going to sell the Hyundai Sonata, I wanted to purchase either a beater, or a moped scooter. Now I am willing to sacrifice driving in the rain on the moped scooter to save money. But during winter I am screwed.... So what should I do?
I meant to add in my last post, is that I have a fiance that has a job as well, so we need two means of transportation, selling both cars and buying a foreign wont work, I don't make enough to add a third loan to my current situation, (even if i sell both cars, the banks consider that I still have two loans open.)
So once again, which should I do.
I meant to add in my last post, is that I have a fiance that has a job as well, so we need two means of transportation, selling both cars and buying a foreign wont work, I don't make enough to add a third loan to my current situation, (even if i sell both cars, the banks consider that I still have two loans open.)
So once again, which should I do.