After my recent divorce I went out and bought myself a BMW X5, the same car I had when I was with my husband. I made this decision out of anger and emotion, not good, and now I have monthly payments of over $1000 that I can’t afford. I have financed the entire car over 60 months and have managed to make 13 payments. However, I am struggling to pay my other bills, rent, etc. I have looked into trading the car in for something I can afford and I appears that I will lose about 10 to 12 thousand dollars, but my payments would be reduced by half. My parents are willing to help me pay some of the different of the debt still owned on the BMW. Can you please advise as to what is best for me to do. Thank you very much.