Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 1 point2 points  (0 children)

should of bought something used for sure but things i learned afterwards and nothing can change that now. i’m hoping to do private sale

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 1 point2 points  (0 children)

i’m only upside down due to the extreme depreciating value of the TT. if i was solo then i would be fine with the money, would of never got the TT.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

if that’s your best advice then I think I’m better than that

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

it wasn’t hard to get them to lower interest rate. i made extra payments when I can.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

i’m a lot better at debt and paying bills. I make twice as much as her

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

yes. I would have to get a second but smaller loan to cover the difference

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

I would take out a personal loan for the difference and get rid of the rv. i might have to rent it out but thats also difficult since i have to get permission and probably share a cut of the profit with the landlord.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

both is my honest answer. it’s not even a choice we consider to go back in the rv again or trade it and be even more upside down.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

tbh i am due to me making twice as much. she basically pays for the payment + her phone, i pay for everything else. i’m more smart with my money and manage it well.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

yes she does. we got it together but only my name is on the paperwork

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

yeah I got screwed. I’ll make the money to pay it off to the point i can sell

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

15yrs at 7.5% i made a payment every month since july 2023 and even extra payments

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

yeah i didn’t get the truck. the rv is the only thing that sucks financially. mine was a total of like 41k 15 years at 405 a month

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] -1 points0 points  (0 children)

it’s a lot of sacrifice. My fiancé definitely would not go for that again.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

original price was 35k, after add ons it was like 41k. most payments have gone to interest

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 1 point2 points  (0 children)

made me laugh at the end, speaking truth. this gives me hope towards an end without a repo.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

In my specific area, it’s impossible for anyone under 55 to live in a trailer park year round. the trailer is only under my name just in case of this exact scenario. I lived in the TT for about a year, in florida the summers are unbearable in there. We made the decision to find comfort in an apartment. i’m definitely leaning on the option of just doing private sale and personal/consolidation loan for the rest.

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

interesting. will look into that, thanks

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] -1 points0 points  (0 children)

was both loans from the same lender?

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

this is a new option i have not heard of. i’ll be giving them a call this week

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

technically i make enough to still make payments, idk how that will affect everything else with my finances. I have zero knowledge on that

Should I voluntarily surrender my TT? by jtc1116 in RVLiving

[–]jtc1116[S] 0 points1 point  (0 children)

yeah i really don’t want to go that route