I can empathise with you. The company I was working for decided to relocate to another city after Hurricane Katrina. The office sustained only minor damage. But one of the prinicipals of the firm wanted to be within five minutes of his house. Nice for him, but lousy for me. So I commuted 130 miles roundtrip a day spending $500 a week in gas. Needless to say I started looking for another job and found one 30 miles from home.
The Big Three Automakers effectively flooded the market or devalued used cars/trucks with their employee/family plan pricing a year ago to sell off their inventories. Just think if you bought your truck before the family plan pricing went into effect. Also gas prices have made large cars and trucks less desirable.
I guess your choices are trade it and finance the negative equity
, try to sell it and hopefully get payoff
or keep driving it and feel the pain at the pump
. I hope that you figured in the price of commuting with what the company is paying you, to make the offer worthwhile vs. working from home.
I saw two Superduty trucks, one a King Ranch and the other a Harley Davidson on the Toyota used car lot down from my office. I am tempted to go look at them one day at lunch.