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re: White trash white person problem (car insurance/financing question)
Posted on 8/7/23 at 7:40 am to McLemore
Posted on 8/7/23 at 7:40 am to McLemore
So if you were paying 3% interest, paying off the note would be worth it to save the collateral insurance portion, but it's not worth paying off the balance to save the collateral at 0%?
It's an opportunity cost. Pay off the note if you want to drop the coverage.
It's an opportunity cost. Pay off the note if you want to drop the coverage.
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