Saturday, August 5, 2017

Should I get rid of my car to get a car I have wanted for a long time?

I currently have a 2004 Ford F-150 which I put a down payment on and my parents are in charge of the payments. I have had the truck for about a year. My parents got me the truck as my birthday gift for when I turned 17. I currently work at a fast food restraunt making $10.50 an hour. My parents financed the truck for 3 years but I have always gave them some money aswell to finish paying the truck faster which should be fully paid off in about a year if we keep paying for than our monthly payment. My question is I really want another car because the truck wastes too much gas I get around 14 mpg and I don't need a truck I want a smaller car for about $10k my question is should I finish paying the truck off and then get another car or have my parents cosign with me for the car I want I'm now out of high school about to start college.

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