My car payments are to high can i get them to lower the payments a hundred?

Question

My car payments are to high can i get them to lower the payments a hundred?

Answer 1

Remember that your real payment on that car is what you pay to the loan company and what you put into the fuel tank.

Avoid gasoline that has "Up to 10% Ethanol" because it's costing you more, and you will visit the gas station more often if you are filling up with gas.

Also, drive less and smarter and the $100 gap will shrink considerably.

Answer 2

Not likely, but talk to your loan company. If your loan is not already too long, they might be willing to extend it a couple of years to lower your payments. You'll end up paying a lot more in fiance costs and you'll probably be upside down for most of that time, but it might solve your problem.

A better, cheaper solution would be to simply find a way to keep making your current payments. Get a second job, sell some things you own, cut back on other expenses, etc.

Good luck.

Answer 3

u can refinance a car loan, go to the bank where you have the loan at and see what they will do

Answer 4

contact the company that you are making payments to. tell them you need to get the payments reduced and that you understand that you will have to make more payments to make up the difference. they should be able to offer you a payment that works better for you. if this doesnt work or they just dont care then, contact your bank or credit union and tell them you are interested in a used car loan, then explain it to them.