4.6 • 682 Ratings
🗓️ 10 June 2024
⏱️ 9 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. So I'm in a little dilemma |
0:08.1 | that I've almost been dealing with for almost a year with my vehicle. Okay. After I'm intending to make |
0:14.8 | a repair, I started having the same issue. Now I need a new engine. I still owe about $65,000 on this vehicle |
0:24.2 | that I've only had for a year and a half. |
0:26.6 | Ooh, $65,000? What kind of vehicle is it? It's $65,000. And it's the Audi Q8, 2019. |
0:35.6 | I did buy it used. |
0:39.6 | So it was a bad decision. |
0:43.4 | I know now, but I do not know what to do. |
0:51.1 | Um, on top of that, I do have been loaned up about $32,000 and about $2,000 in credit card debt. |
0:51.9 | So I'm looking at around $100,000 that I made it. |
0:55.5 | So my question is, I don't know what to do with this vehicle. |
1:00.4 | The warranty company only wants to cover about $7,000 for a total repair that cost $20,000, |
1:06.8 | so I would have to come out of pocket. |
1:09.8 | I don't know if I should get rid of this vehicle. I don't know how |
1:13.0 | much they would give me for the vehicle, the dealership. They haven't given any of that answer yet, but I |
1:19.3 | wouldn't give it to the dealership. What's it worth? If you don't repair it, what's it worth if you were to sell it? |
1:26.9 | Now it doesn't have an engine, right? |
1:28.5 | I would have to get a new engine. |
1:29.7 | So I'm thinking around $30,000. |
1:33.5 | I honestly don't know. |
1:35.2 | And it's going to cost 7,000 out of your pocket, you said, to get it fixed? |
1:40.0 | No, the warranty company is willing to give me 7,000. |
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