16,000 dallors up side down

[all23569ooo]

We are finaceing a 2004 dodge ram 2500 series.We owe 35,600.00 on this vehicle.The trade in value is 20,000 and the retail is about 24,000.We have already paid 11,000 dallors on this vehicle.We were really up-side down to start with on the loan.We have about 4 years and 10 month to go.With the cost of gas and cost of living rising we cannot afford this vehicle and we have tried to trade it in but ever dealership says the same thing that we are about 16,000 dallors up side down.I was reading something about the consumer credit act of 1974 that you answered on some one elses question. Does this apply to us or what are our other options?  

[Didwot]

The Consumer Credit Act 1974 is a piece of UK legislation, and as you are enquiring about a loan in dollars then it seems likely that you are in the USA in which case the UK legislation will be of no avail to you.

[tubeway]

and if it did apply you would still have to find approx 10000 just to get rid of the car and be left with nothing