I got my car (2020 Ford Fusion Hybrid SE) new 3 years ago at $25k for a 6 year loan @ 0% interest for entirety of loan, $350 a month payment. I’m about halfway paid off and have about $12.5k left on it. What should I do? I just get sick of paying $350 a month.
Honestly that’s pretty good all things considered. My car’s a 2020 that cost about the same, I’ve been driving for 30 years, and my ins isn’t much less than yours.
My point was. For a car that new,. even without a lien, I would maintain full coverage should the car get totaled. Your car gets totaled, replacing it is going to cost you way more than the (probably) $600/yr you’re spending on the difference between liability only and full coverage.