Lena Rae
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Hi, how are you guys?
So I'm in a dilemma because I'm in the military and I'm transferring out within about a year, 12 months to 14 months from now.
But I'm in the baby steps.
I'm currently in baby step number two and I'm thinking about selling my car.
I just don't know how to go about that.
I'm just afraid, I guess, to take the next step and choose a car.
How much loan should I take?
So I currently owe $40,000 on it.
It is a Tesla.
I have a great interest rate on it.
Absolutely.
I'm not driving it much, no.
After plugging in the numbers at a higher value, maybe $38,000 to $39,000 right now.
Let's say you sold it for $40,000.
Just my $1,000 saved.
Okay.
No, I actually do have a lot more debt, and that's why I'm trying to sell it.
I have $75,000 with the car.
It's all consumer debt on credit cards.
Yep.