We just got a new 2000 Dakota truck for hubby to drive to work. Beautiful truck! Now, seeing the loan that he signed....everything seems to be in order except for this crazy thing called early payment penalty....of $350 IF we paid the truck off before the loan is expired in three years. I've never had that on two other cars, which we did pay it off waaaaaaay early by using our income tax paying it off the following yearwithout paying penalty. So should I grin and bear it paying three years to avoid paying the fees OR see what my interest rate would be at the end of the year to see if it is cheaper???? What would YOU do? If I can figure out the loan at $4,875 purchase price at 6.75% for three years...so would it be cheaper to pay off the truck earlier anyway because they will collect MORE on the interest rates in three years time?????????? My math sucks!