No Stupid [email protected] • 2 years ago

Is it worth paying the reaminder of my car loan off?

No Stupid [email protected] • 2 years ago

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.

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-4•2 years ago
Pay it off. New car loans should not be more than 5 years and used should not be more than 3. You risk hitting a point where you’re paying payments and repairs at the same time.

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