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I have ~3 years left on HP to pay for my current car. I have no plans to change my car in the near future.
I have just been given a bonus and have the option to pay off the finance – this was always the plan as I knew this money was coming.
When I paid off my mortgage, I was advised that there were benefits to leaving a very small amount (which I did). Are there any benefits to doing the same with car HP?
I have just been given a bonus and have the option to pay off the finance – this was always the plan as I knew this money was coming.
When I paid off my mortgage, I was advised that there were benefits to leaving a very small amount (which I did). Are there any benefits to doing the same with car HP?
(yes, I know I should be spending the money on a watch)
