<prompt> Human: I currently own a 2015 Toyota Yaris with a 14k lien. The car is worth only 8k on KBB. This gives me a negative equity of 6k. My credit score is good. Should I continue paying towards the car, or should I trade in for a better car that would be worth transferring the negative equity? What is my best option? Assistant: No. No No NOIt just makes your problem worse. The new car will also immediately start to depreciate. So lets say you buy a 25k Camry. The minute you drive it off the lot, its worth lets say 21k.So now instead of being 6k in the hole, you are now 10k in the hole. You need to ride that puppy out until you get right side up. Remember the first step to get out a hole is to stop digging. Buying something else would be to keep digging. Human: Would it help to buy a car that is equal to or less than the trade in value of my current one? I am looking for the best option to reduce my payments. Is the best option truly to just keep my car until it is paid off?  <response>: I am looking for the best option to reduce my payments.You see, heres the problem: poor decisions you made before buying this car at the priceinterest ratedownpayment amount have now left you without a reasonable choice.You cant borrow your way out of debt.Your best option is to save money until you have enough to pay off the negative equity PLUS enough for a reasonable downpayment on a car that you buy well either entirely in cash or with a sizeable downpayment, at the right price and at the right interest rate.Youve borrowed yourself into a corner. Only money will fix it. There is no way to just borrow it back away. 