have a 2005, unemployed and living off soc sec. so i need to reduce some bills
2007-08-06 08:46:19 · 5 answers · asked by kitty g 2 in Cars & Transportation ➔ Buying & Selling
Probably the only way to reduce the car payment is to make the finance term longer (if avaliable). Or better yet try to sell it to someone. Possibility of you trading the car in for a different car does not work because you still owe so much money on the current car that you have a negative equity and you do not have any income. SS does not count as income for buying a car (banks dont want to finance). The best bet is to try cutting down some other bills besides your car payments.
2007-08-06 09:44:10 · answer #1 · answered by pleasework7 2 · 0⤊ 1⤋
Your only options are to re-negotiate the loan for a longer term, sell your car, or trade it in for something cheaper. Good luck! Oh, by the way, nice picture.
2007-08-06 10:10:07 · answer #2 · answered by Brad M 5 · 1⤊ 0⤋
Trade it in for a much older car. There are good used cars available; check Consumers Reports for ratings.
2007-08-06 09:11:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Sell the car.
2007-08-06 08:51:02 · answer #4 · answered by jerryguy 3 · 0⤊ 0⤋
do like most single women do and get a man, trick him to getting you pregnant, than dump him and collect child support that you use to buy a car with for the next 18 years. thats how my ex reduced her car paymment
2007-08-06 09:04:56 · answer #5 · answered by fa q 3 · 1⤊ 1⤋