 TITLE: Can You Pay More on Your Car Payment? CONTENT: Benefits of Paying More on Your Car Payment\n-------------------------------------------\nThere are a couple of reasons you might want to pay extra on your car payment each month.\n*   **You'll pay less interest overall.** If you have a 60-month, 72-month or even 84-month auto loan, you'll pay quite a bit in interest over the loan term. As long as your loan doesn't have precomputed interest, paying extra can help reduce the total amount of interest you'll pay.\n*   **You'll pay off your loan faster.** The faster you can pay off your loan, the sooner you'll have extra cash to toward other needs, such as a down payment for your next car, paying off credit card debt or saving for your summer vacation. END