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Reply to "Pay off car loan early?"
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[quote=Anonymous]I recommend that you add on a money market or whatever the highest interest account to your bank account. Every month, or whenever you have additional money (tax return, annual bonus, whatever), put it into that account and don't touch it. Let it build as much interest as possible. The last month of your 0% loan (if it's one of those 0% for 12 months then something higher for months 13+ or something like that), then pay it off in full. Otherwise, make the minimum payments to take advantage of the no interest loan to save up money and get that extra few dollars from saving. [/quote]
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