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Holy cow! You still owe nearly $28,000 on a 2 year old car? You aren't going to get anywhere near that if you sell it. If you can actually find a buyer, you'll be lucky to get $22,000. With today's market- you might have to lower your price even further, possibly below the $20,000 mark.
If I were you, I'd keep paying off your current loan- at least until you aren't upside down on it- and then perhaps, consider trading it in or buying a new car. In a perfect world, you should pay it completely off before thinking of getting anything else.
I'm not trying to be mean, cruel, or lecture you on finances- but if you take a loss on this car, and then take out another loan for your next vehicle, you'll be even more upside down on your next loan. (If a lender will give you a loan like that right now)
Good luck, and I hope you do find a buyer.
(P.S. Your post here violates forum rule #8: No double or cross posting.)
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2007 Camry Hybrid
Last edited by 98CamryLE; 10-03-2008 at 05:45 PM.
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