<prompt> Human: 1.5 years ago I bought a very expensive car. 58k after tax.Im a little wiser now. I realized that buying something for 58k means that Im now 58k poorer for it. It doesnt really click until you realize that you could have had that money in the bank instead of dropping it on a depreciating asset. Cpmmon sense, I know, but Ive never really paid attention to this stuff.I make 80k a year and ultimately have decided that I dont want it anymore. I have 34k left on the loan. What should I do? Should I bite the bullet and sell it? How much of a loss am I looking here? Is it worth selling and downgrading to a cheaper car or should I just pay it off and have the nice car for the future?  <response>: Just sell it and buy a cheaper car. No one can tell you how much you will lose. All cars do not depreciate at the same rate 