<prompt> Human: About 3 years ago my ex-girlfriend had a good friend that recently got out of jail and got a job at a local dirt-bag used car lot. Under normal circumstances I would have never considered this type of transaction but I was young, it was my first car purchase without my parents and I was in love so I was willing to help her friend out with a sale. I found a 02 jeep Cherokee which he cut me a deal I put down 2,000 for a down payment with a loan for 5k at 16. Since then Ive found out that this car has been in two wrecks in Oregon before I even bought the thing and now my trade in value is next to nothing like 500 bucks and I really need to get a better car for career and gas purposes. My question is this, I currently owe 2K which I will have payed off in 10 months, so should I just pay it off and drive it till it dies the truck is looking at major repairs soon its approaching the 200k mile marker. Or try to sell it on craigslist and try to pull a grand profit and put that towards a down payment on a lease for a new, more efficient vehicle?  <response>: being upside down on a car is never fun. But its probably especially with only 2k left on it in your best interest to bite the bullet and pay the remainder of the loan off. With a 16 rate, you may think of increasing your monthly payment to speed up the payoff and decrease your interest payment.Then... when its paid off... drive the wheels off the sucker while you sock away some cash to put towards a new vehicle. 