Continue to make payment on the car and slowly save up money on the side to fix it. At least in the end you will still have a car, an expensive *** G that is, but better than not having one and yet payments are still need to be made. Or not, only if you don't care about your credit too much at this point (keep in mind thou, fixing your credit is a bitch)

Look at it as an opportunity to do a total make over . It just takes time.