<prompt> Human: What to do when I need help? Turn to good ok reddit when Im in a pickle. So I currently am 3 years into a 7 year car loan yeah I know but at the time it was what I could afford when my previous car took a dump. I owe about 14,600 left and pay 332 a month for a 2015 Jeep renegade. I have 40,000 miles in it. Theyre basically calling it even with my car. Looking to upgrade to a family car that is bigger. 2018 Jeep Cherokee Laredo with X package, bells and whistles of a limited but the base model. Leathersuede seats, bigger dash screen, bigger tires, nav, backup camerasensors, power lift gate. You know, all the stuff you dont really need! 392 a month for a lease with 2000 down. I am not putting any money down. Trying to talk them down to just 392, no money down. Hoping theyll give me more money for my current car. 10,000 mile limit. Currently I hit about 13,000 miles average. But we drive my car everywhere. And with 0.20 cents a mile, it doesnt make sense to pay in advance for additional 2000 miles upfront to have 12,000 total. It would raise payment additional 20 a month to 412. Is this a wise choice? Or am I jumping the gun? I feel like if I wait any longer, the value of my car is just going to be less and less. 60 more a month doesnt seem crazy to me. But I am going from buying a car to now leasing. We bring in about 7700 a month after taxes, health insurance, 10 403b. After all do our bills we have about 1519 left for miscellaneous things like eating out and buying stuff we dont really need. Currently paying off my school loans and only have 3 more payments on it until were done. That will free up another 1250 a month, so well have 2679 left. It doesnt some unreasonable but looking for other opinions. EDIT: thanks for all your help! I think I secretly knew this was a bad decision and I needed your support because everyone else in my life said otherwise. Im going to continue with my renegade, and put away money in savings specifically for a future car down payment or purchase outright.  <response>: You made a bad choice on a buying a car, and now want to double down buying a bigger car, with the added benefit of paying the depreciation and getting nothign for it at the end of the lease? It doesnt some unreasonable but looking for other opinions. You are using your equity in car 1 to finance the depreciation on an asset you dont get to keep. That may be one of the worst financial moves I have ever seen posted on this sub and Ive seen some doozies. Sell your Jeep for what you owe, buy a decent used Minivanmini SUV for 10k-12k, invest the difference and use the monthly car payment you used to make to put into a 529 for your kids education. 