I have $33K of credit card debt with an average interest rate of 10%.  I started an aggressive payoff strategy in October: living with family and throwing about $2300 to it every month.  I have been looking for even more ways to slay the debt beast.

I am pondering trading in my car for a lease.  I owe **$5700**, payment is **$450 @ 0.9%**, and the car is worth $16K according to KBB.  **Am I crazy to want that ~$10K equity out of my car to throw at debt?** :-)

Let's say the lease is negotiated to be **$0 down, $199/24 months**. After the lease I would do one of the following:

1.  Get a certified used 2-3 year old car.  
2. Buyout the leased car if the buyout is <= the value of the car.  
3. Try to move to a location where I can go without a car.  

No offense to anyone, but let's skip the discussion about getting a [magical used $3000 car](  I truly have considered that argument and decided it's not right for me though it's great for some folks.  I am happy to go into detail about why, if asked.
user
Should I lease a car to get the
assistant
I have $33K of credit card debt with an average interest rate of 10%.  I started an aggressive payoff strategy in October: living with family and throwing about $2300 to it every month.  I have been looking for even more ways to slay the debt beast.

I am pondering trading in my car for a lease.  I owe **$5700**, payment is **$450 @ 0.9%**, and the car is worth $16K according to KBB.  **Am I crazy to want that ~$10K equity out of my car to throw at debt?** :-)

Let's say the lease is negotiated to be **$0 down, $199/24 months**. After the lease I would do one of the following:

1.  Get a certified used 2-3 year old car.  
2. Buyout the leased car if the buyout is <= the value of the car.  
3. Try to move to a location where I can go without a car.  

No offense to anyone, but let's skip the discussion about getting a [magical used $3000 car](  I truly have considered that argument and decided it's not right for me though it's great for some folks.  I am happy to go into detail about why, if asked.
user
Should I trade in my car for a
assistant