<prompt> Human: So my car is 350 a month including insurance. Hers is about 500. We want to get rid of one. My car has some dings so it would be kind of hard to sell. Plus its too small for us and my duaghters car seat.Her car we cant get what we owe. My uncle is a car dealer and can get me into a new car and using rebates and if I trade in both my cars he can get me into a new hyundai at about 400 including insurance. I only have 3 more years to pay off on my car. We could sell her car for 11 and pay off the loan so it would be 3k out of pocket. If we get the new car it would be nothing out of pocket but I only have 3 more years or less to pay off my car. Is it a good idea to get a new 5 year loan and get rid of the old cars? Or to take the 3k hit and just keep my car?  <response>: Car dealers rarely solve personal finance problems because spending 20,000 is usually not a good solution when you are in a pinch. Negative equity loans are terrible too unless you get way upside down and then get in a wreck with gap insurance. Do you have any cash? Can you private sell both of them youd get more than a trade in and get something like a used Mazda 5? They run maybe 14 or 15k? If you can put down a few thousand you can get pretty reasonable car payments. 