Quick question, need advise!
I am trying to cut back expenses. My husbands job gave him a company truck for permanant, therefore his truck is not being used and we want to get rid of it to save 600 dollars a month. We just want someone to take the notes up on it, we don’t want to make any money. We have it financed through our bank and not the dealership. My mother in law suggested that we just take it back to the dealership and tell them we can’t afford it and don’t want it anymore, that thats what her stepson did, and it didn’t harm him in anyway, he purchased a new truck later on with no problems. I mentioned it to my hubby and he said “Yes and when you do that and try to get a loan later on your interest rate will be outrageous.” We plan on building a in the next few years and really don’t want a high interest rate. Any ideas on this or any advise?
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