Tight Lines
Senior Member
I also tend to finance cars...because my credit score allows me to get the very best...0.0%, 0.9% or 1.9%. That financing is great...free money...would you rather have the money you spend on interest each year, or the much smaller amount that you save in taxes by paying the interest?
If you paid 10,000 in interest, it might save you 3,000 in taxes. If you paid off the loan, seems to me that would save you 7,000.