I am currently an active duty – E-5 Petty Officer in the United States Navy.
I have some MAJOR financial problem that I can’t seem to get out of. I am asking for a minimum of $20,000 for the following reason:
I got scammed from a dealership recently for a vehicle that I took a loan out for. I am $20,000 underwater with this car!! It’s a 2018 Jeep Compass (Latitude Edition) which is worth around $16,000 – $18,000. They sold it for me for $36,142!!! I feel so foolish that I signed that sales contract. I needed a car but it’s way over my budget and I honestly don’t know what to do. I can’t trade it in because they’ll just add on the negative equity on top whatever car I get next. I can’t sell it for even close to the amount I owe vs its value. I’ll literally end up paying $45,000 due to interests.
PLEASE help a fellow active duty Sailor get rid of this car or at the very least – help me drop down the amount owed to match its market value.
Pay pal link: HELP THIS ACTIVE DUTY MEMBER