Josh (Caller)
👤 SpeakerAppearances Over Time
Podcast Appearances
Okay, so let's focus on the IRS first.
How about that?
About $11,000.
No, because you're still going to be, if you surrender this car, they're going to take it and they're going to auction it.
And whatever the difference is on the $60,000 loan, you're still going to have to pay.
Is that Kelly Blue Book?
When you turn them in, you are absolutely hosed with them.
They're $100,000, and you'll get $20,000 for them.
So one of my biggest goals for you would be...
The first one, and I think that this car is huge because it's $1,300 a month.
I would exhaust everything because anything is better than you having... You owing $38,000 is better than you owing $60,000 basically at just about any term.
You're fine.
I wouldn't worry about that.