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.
If you don’t pay it back though, won’t your car get repoed? I feel like I’m missing something with the responses here.
Edit: thanks chums, @Num10ck, @bstix. Thank God this is nostupidquestions because I knew I was missing something basic.
I interpreted the title to mean, “continuing to pay off the remainder as usual,” as opposed to in a lump sum.
they are talking about paying it off (early lump payback rather than monthly as agreed)
He’s asking if he should pay the rest of the loan off now or keep paying in installments, not if he should just stop paying it.