<prompt> Human: Im not sure if this is the subreddit to post this, but im going to try it anyway! I bought a car a year ago without thinking my payments are 530 a month and i still owe 22,000rounded. I decided to go back to school and im switching from full time to part time to focus more on school and get to med school.. My question is should i just continue to pay the car? or is there a way i can get rid of it without having to still pay for it?  <response>: There is no way for this debt to magically disappear. You have a few options:1 Sell the car and use the proceeds to payoff the 22k. If the car is worth less than 22k, you will have to come up with the rest of the money. If it is worth more than 22k, you get to keep the remainder.2 Keep the car and continue making payments.3 Potentially re-finance to lower your monthly payment, but this is usually a terrible idea that will cost you a lot of money in the long run. 