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Old 12-28-2006, 08:36 PM
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Default Re: Do you pay extra car payments?

Quote:
Originally Posted by instantinfo4you
True. I guess it all depends on personal preference. I would personally pay the debt off as fast as possible, just to have one less debt under my belt.
Not only having one less debt under my belt but more money to save or invest. If I didn't pay my car off 1 1/2 years early I would be still paying it on now and would not have my EF fully funded and a down payment started. Just think if I took my car payment of $250 a month for 40 years at 8% I would have $839,343.
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