Few creative ways to ditch gas hog
Friday, May 23rd, 2008Dear Terry,
My girlfriend drives a 2005 Jeep Wrangler that eats gas like no other — she gets 14 miles per gallon in the city and 18 mpg on the highway. She currently owes $20,000 with a 16 percent annual percentage rate and now wants to sell her vehicle or trade it in for a Toyota Prius.
She has $2,000 for a down payment, but in the end she will still be in an upside-down situation. Do you have any creative ideas on acquiring a new Prius that is gas-efficient with this scenario?
— Tomas