I bought a CPO Subaru (2019 Forester Sport) during the pandemic and once everything balanced out, I have negative equity of about 8-9K.
My car had some issues this past week with overheating so it’s at a dealership getting diagnostics done, and they of course sent me some texts about trading it in.
My credit is absolutely jacked right now, hovering around 500, as I’ve been trying to rebuild since losing my job last October (I have been gainfully employed since December). I do have a couple family members in the mid to high 600’s that could co-sign for me.
If I trade in and roll over into a more affordable car, is it realistic to think I could get a monthly payment under $600, given my situation?
submitted by /u/sotheresthisdude
[link] [comments]
