>I appreciate all the advice guys. >I think I'm going to hold onto it for a while but like Bruce mentioned >if I sell, it'll be privately.
I've read through this thread with interest as I am sort of in the same boat. I bought a 4Runner a couple years ago (Limited edition, really nice SUV) but expected to get a small trailer and that never really worked out. Now with not only the high prices, but my business has not been as good with the bad economy, I'm dealing with these high car payments, high gas prices, high insurance, etc. and really considering selling it and getting something smaller and cheaper. It's a really tough decision for me, though as it's only got 15K miles on it, and I really love the vehicle otherwise. I work from home so don't do a ton of driving. I got with with a 1% loan, and have 3 years left, and basically have already paid about $25K on the vehicle, of which I'd be lucky right now to get maybe 5K back. If I hadn't put a fair amount down when I bought it, I'd really not even be able to consider selling it. But the monthly payments are really a struggle for me right now. I hadn't thought about going back to Toyota and refinancing it, and not sure that's the best thing to do, but if the payments were lower, I would certainly consider keeping it. If things improve for me financially I could always pay it off sooner. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;192386516;25150098;k Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:261464 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
