7 ms·
> The value of the car at 5 years should exceed the balance of the loan at 5 years, at which point I will probably sell the car, pay off the loan (with some lef
by theandrewbailey 7y ago
> The value of the car at 5 years should exceed the balance of the loan at 5 years, at which point I will probably sell the car, pay off the loan (with some left over), and repeat the process.
Why not pay off the loan and keep the car as long as you can?
- arpa 7y agoThere is no warranty and a car is always a money sink. New cars are also seldom built to last.