Submitted by octotron3000 t3_10p3dhx in personalfinance
I have a 2022 mitsubishi mirage that I got financed through a 3rd party, I go to basic in less than a month and I have 18,000 principle left and my payments are 450 a month with 350 insurance, if I decide to get rid of my car how long will it take? Who do I talk to about getting rid of it? Btw KBB says it's worth 15000 and it was 22000 brand new and it has 25000 miles on it. How do I get the most out of this, I will have no need for it for next 2 years.
CookieAdventure t1_j6i82os wrote
You’re going to basic, not prison. People use their cars when they are in the service. You will get a chance to go home. Put the loan and your insurance on auto-pay. Your expenses will be low so you should be able to afford it.