Bought a new car, but now is too expensive. How do I trade in for a cheaper car?

Bought a new car, but now is too expensive. How do I trade in for a cheaper car?

I bought a 2013 Ford Focus S, I love it but its starting to cost me alot. I still owe 18,800 on it. I make about 1300/mo Car payment is $320/mo Insurance is $230/mo And I have a few other bills.. So it leaves me like $150 for 2 weeks every paycheck. Which, isn't enough. I want a Wrangler, and I found great prices on then and insurance believe it for not is cheaper on it, but the problem is.. Is the equity on the trade in. I made a mistake on this car, and now.. Really I'm trying to get rid of it as soon as possible, so I can start saving for my Wrangler. What do you suggest I do? Thanks. (by the way, I'm 19 and in the Navy)

 

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