I still owe $6k on my car. It has 94k miles on it though. It's a 2007 Mazda 3, I've had it for 5 years. I'm just approaching a point with this car that I know I'm going to have to start fixing things soon, and I can't afford constant repairs.
I'm seriously considering trying to trade it in somewhere or sell it to a dealership and get another car and have them pay off the rest of my loan on this car. I looked it up on kelly blue book, it's currently worth like exactly what I owe on it and I've even done a "instant offer" thing in which I received an offer from a dealership to buy my car for like $5800.
Is that a bad idea? I'm working through some credit issues from me being reckless in college, so my score is like 600. Which is know isn't great. My credit was shittier (it was like 400) when I bought the car, which is why I still owe $6k after 5 fucking years.