<prompt> Human: Backstory: My sister got herself into a bit of trouble, and Im hoping you can help. My sister is trying to escape her abusive home, and our messed up family. I could go into depth about the fucked up shit in my family, but Im worried about them somehow finding this and it getting bad for us. The more important take away from this is that Sis cannot live at home, or with any family. She has lived in 3 different apartments, trying to live on her own since 18, but she hasnt mastered solo stability yet shes 18, so I get it. After the last one I had her move in with me rather than stay with her parents we share a Dad. I live in a large top 10 city that has affordable rents, shes more likely to get a job out here, and I have a few survival life skills she was never taught, so Im hoping she can pick some of this up and find a more stable way to live outside of them. . That brings me to my questions: Weve worked out her finances into an clear budget, weve detailed a few contingency plans, discussed therapy being a priority, and gotten most of her life out from under her parents thumbs. The one thing I cant figure out is what the freaking hell we do to fix her car situation. Her Mom took her to a dealership and kinda told her she needed to pick something out because she couldnt borrow her car anymore, and then pressured her for it to look a certain level of niceness because that matters at 18?, and then didnt even haggle the price. My god, you guys. . The numbers: The car: 2017 Hyundai Accent Value Edition Price paid: 19,600 Loan term: 73 month Interest rate: 13.77 Paid interest: 1,439 Paid principal: 985 Car payment: 403month Insurance: 364 . Car MSRP was only 17,300 she over payed. Within the past 4 months of her having it she has driven 17k miles, there was a hail storm, and her friend rear-ended a luxury car in her car. Front end paint is chipped and the car is very mildly dented from hail. She didnt report the hail because her insurance has already gone up to 364 over the fender bender weve already priced other policies. Car is now valued GOOD on KBB, worth 7,200 trade-in or 10,300 privately sold. That cant be right though, right? The car still looks impeccably new, you have to bend over to eye-level out with the surface of the car to see the hail dents. The paint chipping in the front is very minor. . Is there anything this child can do to lower her car costs, and be able to live on her own? Before we knew it was this bad we were going to downsize and trade her car in, but now Im not even sure thats possiblesmart. What do people do in these situations? Can she sell it back to the dealership? Can she sell it back without buying a car from them? Theres so much I dont know in this respect. . Having a car is required in this city, as well as the only thing that makes her feel safe she can always run if she has a car. She cant stay in my one bedroom 600sqft apartment forever cramped, and the longer she stays the more likely her cat is to get thrown out of my Dads house. EDIT: Hes apparently already done that now, but kitty came back crying, so Im now trying to find a foster home for her cat. Simply put, the car is her safety, the cat is her love. I just need to find a way to get her in her own space with a mode of transport. I know there will be some tough love here, but please remember shes been given little to no life skills from her parents and the ones they did bestow upon her are actually quite regressive, but in sum she is doing her very best to run from her abusers. Im doing my best to help her. Any kind advice you can give will be beyond appreciated. I tried to search Reddit, but Im new myself and couldnt find what I was looking for, so if its already been asked please forgive me. . TLDR Abused sister underwater in a car loan, and trying to figure out how to afford living on her own. . Thank you.. . EDIT: hope I fixed the formatting.. 2nd EDIT: Just looking at her loan docs, and apparently her mom is listed as owner, and she is listed as co-owner? That seems backwards, right? Is co-owner the same as co-signer? 3rd EDIT: Oh god. She used the money our grandma left her for school to put down on this thing. 1500. This is... this is so bad. Financed 19,600, with cash that comes to 21,100 for a 14k car thats going to end up costing her 30K after financing. I dont understand how adults that went with her let this happen?!?!  <response>: 1. Drop the car and keys off at moms place.2. Notify mom the car payments will stop immediately.3. Notify mom that insurance will be dropped at the end of the month week or when new insurance is obtained. Whatever comes first.4. Expect the bank to start calling 15-20 days after the next payment is due. Let them know there are cash-flow issues. They may offer to extend a payment add 1 month to the loan term. Do it if offered.5. Youll have a few months 2, maybe 3 before the repossession process begins. She needs to just sock money away immediately. 6. Use the money saved to buy a beater. Should be able to pick up a functional, half-decent ride for 1500-2k.7. Prepare for the bank to crawl up her ass for the money. If they file suit, file bankruptcy and live with the pain for 7 years.There is no win here. There is no win anywhere. Either way, she loses out big time on this to the tune of 30k monthly insurance.. which is about 26k in premiums. Thats north of 56k for a car barely worth the plastic and sheet metal its made of.TL;DR: Drop car off, stop payments, accept extension if offered, cut off insurance, wipe hands of problem. Save cash, get beater in meantime. IF bank comes after you for the balance post-auction, bankruptcy ELSE count your blessings. 