Quote:
Originally Posted by MyKindaGuise
I'm also looking at refinancing the Z. I paid off half the car in a year..
I started with a 72monrh loan...just hit 60months left. I found that if I refinance now for 60 months..technically the same amount.of payments it will cut my interest in half and save me like $3000
The 135i I could probably have for 28k out the door before tradin. About 13k after
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But you're not saving anything. Since you've put extra money into your payments you'll pay the car off early. If you refinance they'll spread that money and associated interest over 5-6 years. You're forgetting the potential interest you're going to pay. They want you to keep making payments because interest is free money for lenders.