<prompt> Human: Hi Reddit, quick question for you. I was reviewing my finances yesterday and finally connected that my minimum car payment is about 60 dollars more per month than my minimum on student loans. Now, I have no problem making the payment. I got the car a year ago it was a pretty hasty decision, my old car got totaled and insurance was being difficult on the rental, it wasnt exactly what I wanted and I feel that I paid more than I shouldve for it 17k out the door. Its a 2014 Ford Fusion Titanium with 55k miles. This got me thinking: would I be better off trading in my car for something with slightly higher miles, but still reliable I was looking at Honda Accords? From the calculations I did, this would allow me to decrease my minimum car payment by almost 80-90 dollars a month. Or, should I look at refinancing my car loan?I still owe about 15.5k on my car, and trade in at a dealer is about 12-13k. I realize some of that would roll into the new loan, but if I got a 9-10,000 dollar car, Id only wind up with a 13k loan and a lower payment. Im really just looking for a way to free up some money so I can put more into savings for a house right now.  <response>: You wont be saving any money if you do this. 55k miles is nothing and youll be wasting money if you roll the loan over and youll lose your down payment on the ford. 