Quote:
Originally Posted by KramChaos
$420 a month, 5 years, 0% interest. I haven't been paying it off early due to the 0% interest, but I have been considering it since I hate debt
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Quote:
Originally Posted by happydog
0% interest is good but owing money on things still feels weird
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I agree, but with 0% it kinda depends. If you had enough to pay it off, would you be better off investing it? But of course, that's a risk. Unfortunately things like money market accounts and other safe investments don't pay jack now. But I digress...
I guess another way to look at it is to pay off the car before you start modding heavily. I wouldn't want to throw too much money at something that the bank could just take away from me.