Has anyone noticed that the retail and trade-in values of our cars have dropped like a rock in the past five months? I just bought my car in California last November and since then the value of the car has gone down like mad! I was considering trading mine in or selling it, but now that I see that I'll never get anything close to what I owe I don't think I have much choice other than keeping it. I'm maybe driving about 150 miles every two weeks with my hectic work schedule. Between gas prices, insurance and an insane payment...it's beginning to get me down!!
Any thoughts??
