I hope this is the right spot, but if not please move to the correct forum. A few years back, I few victim to the new car syndrome and now am feeling the effects of it. It is now worth significantly less then what is owed and I was hoping for some advice on how to handle it best. Difference between owed and value is about 5k with roughly 24 months remaining. The car is no longer feasible for it's purpose and a new one is needed but due to the "NCS" it has roadblocked any advancement. Obviously, no private party will buy it so I haven't even wasted my time with that and as far as a trade-in goes they will only take it in exchange for a brand new car which I will never do again. Are there any other options available ? I know I am going to take a major hit by it and am prepared to but would like to minimize it as much as possible. Do I have any other options that are available in a situation like this ? All advisement is appreciated. Thanks in advance!
Wrong spot but you can post it here. http://consumers.creditnet.com/stra...00&sortorder=&sortfield=lastpost&pagenumber=1
