Question regarding an early pay off of a car loan. I'm planning to purchase a fairly expensive new F150 and of course the dealer will give me a better deal if I'm willing to finance the loan through them (Ford Credit). In my case I had planned to pay cash anyway and simply pay myself back instead of taking an actual loan. (I have the available cash)
Although I've had many car loans over the years, I've never paid one off super early. Unless it comes with a pre-pay off penally, can I simply get a Ford Credit loan and simply pay it off in full a month or two later without any issues?
Just looking to get the best deal possible without paying a high interest rate loan.
Although I've had many car loans over the years, I've never paid one off super early. Unless it comes with a pre-pay off penally, can I simply get a Ford Credit loan and simply pay it off in full a month or two later without any issues?
Just looking to get the best deal possible without paying a high interest rate loan.