You Purchased a Car at the Beginning of the Year

You purchased a car at the beginning of the year for $35,000 and you noticed a similar used car just sold for $28,000. You financed the purchased with a $30,000 auto loan and paid $5,000 from your savings. If your loan balance is currently $23,635, what is the current market value?

A) $28,000
B) $28,635
C) $35,000
D) $21,635