Bought 2015 nissan altima worth in total 23k Bought it used with 39k miles owe 11k. the same year with less miles its arouns 13k. what to do?
sell the car you nave for 11k pay off your debt don't be stupid next time check the blue book or autotrader.com for a fair price
Wait a couple of years and it will be worth maybe 9k max, There is literally nothing you can do about it.
Stop worrying about things you can't control.
It's called depreciation... Cars are a mode of transportation, not investments. Unless you buy a classic or vintage vehicle and proceed to store it, daily driver cars are pretty much guaranteed to go down in value.
There is no question there. But whenever you trade cars, you lose thousands.
insure it burn it report it stolen.