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Caradvice2021

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  1. Hello - I currently have a 10% interest rate on my 2014 car, I owe $8,991 and have 29 monthly payments remaining for $333 per month. My car is worth about 7,800 (Edmonds FMV estimator). When I purchased the car I was not in a good financial situation, this has since changed and my credit score is 730 now and the household combined monthly take home pay is $10,000. I have received offers to refinance my car but I would really like a new car. I am looking for advice if I should refinance and pay the car off or purchase a new car? I would probably look at selling it privately and then paying off
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