|
Should I sell my car or keep it?
I have a certified pre-owned 2004 honda civic which is in outstanding condition. I have about $5,500 dollars left on the loan to pay off. I can easily afford the payments, but I am looking to get myself out of debt and was wondering if it would be smart to sell the car for appx $13,000, then take the left over cash and buy an older honda for about $5,000, and put the rest in the bank. Is this smart? or should I just keep my civic and work towards paying it off?
|