No Stupid Questions@lemmy.world • 1 year ago

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

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

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No Stupid Questions@lemmy.world • 1 year 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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@andrewta@lemmy.world
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6•1 year ago
If you need to take out another loan for something else then pay it off. So you have less debt on the books. Otherwise just keep the loan. It’s zero interest

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