<prompt> Human: Hey there personal finance!Im a 19 year old male, I financed a 2014 Hyundai Elantra last year through Drivetime, the principal was 19,000 and I financed at an absurd 20 on a 72-month loan. I had just gotten my first job and was very gung-ho on getting my first vehicle, and was excited when I heard I could walk out with wheels. Between my car payment and insurance I am paying roughly 700mo, which is about 75 of my paycheck. I can walk to work and carpool to school, so my best case scenario is to rid myself completely of the car. I Kelly bluebooked it and received an estimate of around 7500; unfortunately, my principal a year later remains at roughly 17,000. What would you do if you were in this situation? My family is very inexperienced when it comes to these types of things and I unfortunately put my faith into something I know very little about. Thanks in advance!  <response>: If you paid 19,000 for something thats only worth 7500 a year later, then that money is gone. Thats almost unimaginably bad, but you probably know that. Youd have to come up with the balance to pay off the loan. Its unlikely that you could refinance that as you are so far underwater. 