<prompt> Human: I pay 380month on my car loan, and my insurance went from 115month to 258month when I traded in my paid-off Trailblazer and bought a new 2012 Mazda3.Now, I dont really have too much of a problem paying this off, but I consider this a massive mistake when I think about all the money I could be saving. Oh well, I learned a pretty important lesson. Nothing I can do now but try to fix it as best I can. So basically, the only way they could sell me the car at a rate I was comfortable paying was by putting it in my dads name and making me a cosigner. So Im wondering what options I have, if any. I have horrible credit I didnt know I was supposed to be paying fedloan for 10 months, my dads credit is better and has gotten a lot better of late.Could the car loan be re-negotiated at a lower rate somehow if he was the sole owner? If it was billed to him and in his name but paid by me?Could I trade in the car for something less expensive even though I have a loan on the car? Perhaps a car that doesnt double my insurance...Could I go back in time and throw a rock at myself before I signed the papers?Please help me. :  <response>: Could the car loan be re-negotiated at a lower rate somehow if he was the sole owner? If it was billed to him and in his name but paid by me?You didnt say what the rate was, but usually if there is cosigner with a higher credit score the rate is based on that score because that person is fully responsible for the loan. So probably not. Could I trade in the car for something less expensive even though I have a loan on the car? Perhaps a car that doesnt double my insurance...Sure. You can sell the car at any time. If you get more than what is on the loan you pocket it, if you get less you will owe. If you are underwater you can usually roll that deficit into the new loan if you cant pay it. But if youre underwater it makes no sense to sell the car in the first place except to possibly save on insurance.Speaking of insurance, do you know why yours is so high? How much did you shop around? I just bought a 2014 Mazda6 and my rate is lower, but obviously thats not much indication because there are a lot of variables in insurance, but I am in a pretty high risk pool being 22m with a recent speeding ticket. Could I go back in time and throw a rock at myself before I signed the papers?If only. Heres hoping Im not kicking myself for my purchase in a few years. 