<prompt> Human: I have a 2015 Hyundai Elantra that I am reasonably happy with, aside from the fact that Im 3 sizes too big to drive it lol. I have done a great job budgeting and saving over the last few years and I have some money saved up, plus tax refund is right around the corner. From browsing PF it seems as though anytime someone has a modest investment sum the first recommendation is to pay off your car loan, interest saving and all that.I mentioned this possiblity to family members and they seemed to believe that there may exist some benefit to trading in a vehicle that you owe on rather than a clean debt free title. I have 34 payments left on this vehicle and in crunching the numbers I would save in combined interest and lower insurance cost for that 34 month period a total of 3,400 roughly. Trading it in on a newer more cabin comfort vehicle is definitely a possibility, so, should I wait and make payments or pay it off even though I may trade it in?  <response>: No valid reason. Write a check and Pay it off tomorrow. 