Last May, when we lined up all of our debt, we had about $18,000 left to pay on our car. This was our largest debt, aside from the house, that we needed to pay off. Now, a year and a half later, we have finally paid our car off! I submitted the payment from a different bank account with the payoff amount, but since it took a few days to process, 11 cents in interest was added. I am proud to say that I transferred that 11 cents from my checking on that account and paid the car off today! I have learned from this car experience to NEVER buy new again! I didn't know that car value drops as soon as you leave the lot. Also, we paid so much in interest the last four years, we definitely overpaid for this car than we needed to. Lesson learned! We only have one more debt left, my teen's braces with the remaining cost of $700, and then we will only have a mortgage payment!