Pay Off My Underwater Loan Early?
Long story short I rolled a ton of negative into my CPO, and now owe $38k on a 2015 X5 35D worth $23k.
I know, I'm dumb. Not a day goes by I don't stress about the bad decisions Ive made in the past regarding vehicles. Never again...
Anyways. I'm looking for some advice from those of you much smarter than I. I've recently come into enough cash to pay this loan off entirely. Is there any benefit in doing so?
Truly appreciate any help in this matter!!
Images attached with details.
Last edited by Jedi7677; 03-25-2019 at 11:39 PM.