<prompt> Human: Using a throwaway separate from my normal account for privacy reasons.Ive tried googling the answer without any great responses back on my dilemma. I have a 2.09, 60month loan on my truck that Im close to paying off 3 years early. In the coming fall Im preparing to buy another car and financing about 34 of it, Disclaimer: Yes I know this is unnecessary and stupid, and many of you will disagree with it but cars is what I put my money into. Theyre my hobby, my passion, and I only put extra money into them when I know I can afford 2 of it.However, Ive read online that paying off your loan early will drop your credit score by a decent amount, anywhere from 40-80pts, and I obviously do not want that to happen so that I can get a good rate on my second car. Im thinking that I pay off my truck loan down to a nominal amount left, 400, and then let the loan sit open until I buy the second car and open another line of credit. Should I... Pay it all off and take the credit hit knowing itll eventually recover? Potentially going into buying the second car with a lower credit rating. Pay it down to a nominal amount and close it when I get the second car? Other options?Brief overview on my situation: Mid-20s in age Full time job making 90k 805 Credit score No student loans or CC debt 60k saved in investments and put 1600mo towards various other investments. Thank you! Im very curious to what PFs suggestion is. Also please dont tell me to sell my truck and buy a used Corolla. :  <response>: No, The only credit score it will effect is your transunion score. It wont drop, it just wont build. Transunion is typically reported to for long term loan credit. If youre paying off your credit cards as soon as the bill comes it wont be reported. If youre paying off your truck early, itll be reported but you wont build your credit as much as you would as paying the full 60 months on-time. I hope this helps! 