I got my car (2020 Ford Fusion Hybrid SE) new 3 years ago at $25k for a 6 year loan @ 0% interest for entirety of loan, $350 a month payment. I’m about halfway paid off and have about $12.5k left on it. What should I do? I just get sick of paying $350 a month.

  • @[email protected]
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    fedilink
    22 years ago

    Another consideration is that most auto loans require you to have full coverage for your vehicle. If you pay it off early you can reduce coverage if that’s right for you.

    • Rhynoplaz
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      fedilink
      62 years ago

      But they should know that AS SOON as you drop coverage, THAT’S when it gets totaled.