R0GERTHEALIEN

R0GERTHEALIEN t1_j6nqzja wrote

You'll want to check this with the dealership. Some loans have early repayment penalties. And if you do make early payments you may need to specify that the early payments are towards the principle, not just a early payment towards interest. No one here can answer this question, only the lender can answer specific questions about the loan.

But yes, I mean a longer term will end in more interest if you don't pay early, but it also gives you the benefit of reduced required monthly payments in the event your future financial position changes.

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