@felix.padilla.eng: SELL YOUR CAR WHAT YOU ACTUALLY KEEP YEAR means years after purchase. VALUE is the modeled sale price; YOU KEEP is value minus the remaining car loan, before selling costs. A negative result means extra cash is needed to clear the loan. $35,000 financed with no down payment at a hypothetical fixed nominal 8% annual rate over 84 months. Model depreciation of 20% in year one and 10% each later year. These are assumptions, not measured 2026 resale prices. Scheduled monthly payments, no fees or penalties. Calculate a sustainable car budget using your actual income, commitments and debt in Deco. Calculate the car budget you can afford. Search “Deco budget” in the App Store. Source https://www.consumerfinance.gov/ask-cfpb/should-i-trade-in-my-car-if-its-not-paid-off-en-2045/ #PersonalFinance #DecoBudget

Felix Padilla Engstrom

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Saturday 24 October 2026 21:01:07 GMT