WHY I PAID OFF MY $40,000 CAR LOAN EARLY!

I paid off the loan on my Audi R8 in full last week! I financed my R8 with a $54,000 car loan and put $42,000 down. Over the past 1.5 years, I paid off some principal and had a $40,000 balance as of last month. It's pretty common to wonder whether you should pay off debt or invest. I've been dealing with this dilemma for a long time and ultimately decided to pay off my car loan. This is because, in my current financial situation, I've got quite a lot of stocks and real estate in my portfolio. I wanted to diversify into some safe investments and paying off my loan is a guaranteed way to make 3% on my money! There is also the psychological aspect of paying off a loan and that helps me sleep better at night :) And now that I own my R8 outright, it feels different driving the car. ►Check Out My Other Videos: CRAZY AUDI R8 RALLY WITH INSANE EXHAUST SOUNDS (30+ CARS)    • CRAZY AUDI R8 RALLY WITH INSANE EXHAU...   Audi R8 1-Year Ownership Review and Drive | Best Daily Supercar?!    • Audi R8 1-Year Ownership Review and D...   Audi R8 at Age 26: What I do for a Living to Afford a Supercar!    • Audi R8 at Age 26: What I do for a Li...   AMAZING MOD for the Audi R8 Spyder: Installing CARBON FIBER SIDE BLADES!    • AMAZING MOD for the Audi R8 Spyder: I...   MONTHLY PAYMENT ON AN AUDI R8?!    • MONTHLY PAYMENT ON AN AUDI R8?!  

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