Yahoo! Answers is good for at least half a dozen of these a week:
The gory details:
I have a 2014 mustang and the payments are 400 a month. I owe around 19000 on it. I need help finding a way to get rid of it as soon as possible. Thanks
If he’s lucky, he might get $14,000 for it, in which case he needs to scrape up $5000, sell the ‘Stang, and turn over the proceeds to the lender. Problem solved. It’s not the solution he wants, but it’s the solution that actually works.
Of course, there’s always Chapter 7, which has, shall we say, certain disadvantages.
But what bothers me is the blithe assumption that there’s some way to “get out of the loan early” without serious consequences. Life doesn’t work quite that way. (At least, it never has for me, and I admit to occasional bouts of presumptuousness.) Unfortunately, a substantial sector of automotive retailing is reliant upon luring people with no money into the showrooms.