Hey everyone Navy e3 here. Just had a quick question about my situation and wanted to see what the general consensus would be from this community.
My situation:
– Owes 21k on vehicle
– Vehicle is worth around 10k due to depreciation and maintenance needs
– I do have around 11k in savings so paying it off is definitely plausible
I genuinely would like to sell the vehicle and begin to save again just not to have this burden on me.
Thanks everyone in advance!
Posted by Empty_Eagle250
1 Comment
What’s your interest rate. That’s also way too expensive of a car for an e3, paying it off vs not depends on interest rate and monthly payment