I'm a first time car owner and I’m starting to think I made the wrong decision.
I bought a used, low-mileage Toyota 4Runner for less than $30,000, but now I’m stuck with a $29,000 car loan that has a 6 percent interest rate and a 48-month term, and I guess I’ve got case of buyer’s remorse.
In a panic, I asked the dealer if they would buy back my car, and they said they would… for $23,000. So I might have to eat a $6,000 loss.
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