Tips on Buying Cars: upside down, upsidedown car payment, high interest rate


Question
i have a loan of 18,500 on a 2006 Nissan Alima. purchased with mot so good credit. intrest rate 11.75 72 mo. payment $445 ..CANT DO IT ANYMORE! I am single, dealer used creative financing to qualify me and within 30days i tried to give it back and no way was the repeat answer. I live in Arizona. Alone, have worked 2 jobs just for payment & ins. need out from under this the nissan dealer offered me trade value $9000,that does not get me out of loan i saw an identicle on their salelot for $17,000. I want a Smarcare or Nissan Versa, what can i do...I just need my car payments under$300! I am desperate


Answer
Carole, I am sorry I couldn't help you with a resolution to your situation.

Good Luck