Add up your remaining payments and minus the $6,000 left from that number to find out what your real interest is. Then ask yourself if it is worth that interest to have the payments spread over a number of years.
Also, depending on the condition of your vehicle. If it has a lot of miles on it and is in rough shape, if it broke down before you paid it off would you be pissed? Is it time to trade it in for something new or do you keep a vehicle forever and repair it as you need it?
If the banks fail, fuck em.
Thanks for that.
I am concerned that my bank money might be confiscated and by paying off my truck I'd have an 'asset.'
The truck is a 2014 Ford F150 good condition, crew cab, not too too many miles..
Do you plan on keeping it until it completely falls apart?
I would like to but like everything it depends on what takes place in the next few years.
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