Quote:
Originally Posted by Trovez
I don't want to sell etc. as some have suggested as opposed to just letting it sit for 3 months. I don't even know where this idea came from.. something I must've implied or said?
I looked into it and insurance will roughly cost me $330 a month, on top of my $450 a month car payments. I know it's a lot, but I just love the car and want to do everything I can to keep it even if it's going to hurt me financially!  |
Well, the selling idea was brought up because
A) you can't legally fulfill your loan agreement.
B) it is probably the most responsible suggestion
C) this is exactly the time when you will need full coverage (theft / damage) won't have it, and then be on the hook for a car you don't have or is damaged extensively.
Probably wouldn't be able to sell in three months anyways, so find a different work a round where you fulifill the loan agreement without incurring penalties you can't afford.