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.
My insurance for full coverage is $97 a month
Not sure if you’re just telling us the amt or of you’re implying it’s too high/low. Sounds about right given the age and cost of your car, without knowing anything about you.
I’m 29, been driving since 2020
Honestly that’s pretty good all things considered. My car’s a 2020 that cost about the same, I’ve been driving for 30 years, and my ins isn’t much less than yours.
My point was. For a car that new,. even without a lien, I would maintain full coverage should the car get totaled. Your car gets totaled, replacing it is going to cost you way more than the (probably) $600/yr you’re spending on the difference between liability only and full coverage.