v10superduty wrote:
sherpaxc wrote:
I made the same mistake with a truck. Impulse buy and I was upside down. I ended up selling it, cutting my loses, paying off what I owed and calling it a lesson learned. I then saved up and bought a pop up camper for 5k.
Please don't expect to pay 15 years on that thing. It's not worth it. Everyone makes mistakes, but your's can be fixed. Cut your losses and sell it.
So this guy who obviously wants to go camping has a brand new camper in his yard at a payment he can afford. He is going to pay a whack of interest if he doesn't re-fi lower or make some extra payments BUT he has a camper he can afford..
He is badly upside down and your "advice" is to sell it now at a loss, still owe probably quite a lot, don't get to go camping but keep making payments on something you don't have? :h
Sorry, but I can't agree and doubt he will take this advice..
Well, yeah. If we're gonna go down that road then yes, I stand by what I said. This is the problem with America today. We as a country think we can just charge it and pay it off. The problems occur when something else needs to be paid for, and something else, then something else. It adds up. Instead of getting ahead in life we are always paying off.
Hey, I've made the mistake too. I'm not perfect and screwed up. I had to pay an extra $1500 out of pocket after selling for a loss. But in the grand scheme of things that was just a few months of payments instead of 5 YEARS of payments.
Anyone that thinks holding on to a trailer and making payments for years on end has a different view of what financial freedom means than me.
