u/BanSlowpoke

Hello all.

I leased a 2016 Ford Focus in 2023 for 20k (after all fees). I have the loan paid down to 10k.

The focus was incredible for years, and was maintained well. As of the last month or so, it has been nothing but problems. I have a transmission-related issue and was quoted 2500-3000 to fix. Shortly after that, my alternator went bad. Not a very expensive fix all things considered. This is not a very reliable car by most standards.

Based on mileage (49,000 miles) my trade-in value has been estimated about 3000-4000. This would leave me without roughly 6-7k in negative equity. From my research, rolling over negative equity is not a wonderful idea. Many banks will not “roll it over”.

I have been considering getting a new, more reliable, vehicle as I need transportation to work.

Would it be a horrible idea to try to roll this over and add 6000-7000 to a new loan? For reference, I am looking at Nissan Frontiers under 20,000 (17-18,000 prices). Should I pay to repair the transmission and alternator? Feeling lost and frustrated. Not sure where to go from here..

Thanks.

I have been in the mood for an indie pixel RPG for awhile, and finally finished up my previous game. Of these three options, which would you recommend? Any you wouldn’t recommend?

Would love to hear your thoughts!