Many of us have love/hate relationships with our cars. Car loans can be one of the largest "income suckers" in our financial plans. Whether our automobiles are necessities, toys or status symbols, they are definitely depreciating assets (unless of course you're a collector). And the amount of money spent in interest payments for these metal monsters can be frightening.

 

Use the calculator below to detemine how much you could save by making additional payments on your car loan, and redirect toward your wealthbuilding goals.

 

 

Extra Car Loan Payments Benefit Calculator