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Money and Finances
Reply to "What is the catch with zero percent financing?"
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[quote=Anonymous]I doubt this matters TOO much, but you do pay a higher rate for car insurance if you have a car loan. We paid off our car loan about a week after we bought the car, but didn't tell the insurance company until it was up for renewal in 6 months. The rate dropped $100 when we said it was paid off. So about $100 every six months does add up. [/quote]
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