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Pay off my car loan?

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  • Candyapple
    Candyapple Posts: 3,384 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
  • Let us know how you get on as I am in a very similar situation.

    I!!!8217;ve got a car loan with nationwide which started out as £11k over five years. At just under 2.5 years I!!!8217;ve paid off all but £750 and I!!!8217;m just wondering what I can do to minimise the final cost. Conveniently my credit card company has just offered me 0% money transfers as well but it!!!8217;s only be worth if nationwide cut me a deal (will ring them on Monday).
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Let us know how you get on as I am in a very similar situation.

    I!!!8217;ve got a car loan with nationwide which started out as £11k over five years. At just under 2.5 years I!!!8217;ve paid off all but £750 and I!!!8217;m just wondering what I can do to minimise the final cost. Conveniently my credit card company has just offered me 0% money transfers as well but it!!!8217;s only be worth if nationwide cut me a deal (will ring them on Monday).

    Just make a payment of £750 and your done surely?
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