I think maybe if I call and state make sure it goes into principal they'd do it but they add the extra step to hope the lazy pay each payment to Maximize the interest. I didn't even get my copy of the duplicate title, which costs $20 from the dmv. I'm pretty sure it depends on the financer but it's just another damn step in the refinance process.That doesn't seem right. My understanding is that a vehicle loan has to abide by certain regulations which allows you to pay payments to principle so long as you have made on time your last required monthly payment.
That said, nothing like not having a car payment. It is one of the most freeing things on earth.
The duplicate will come next week and I can finalize my refinance with my new bank. Pay off the loan in about 10 months depending on how good I am with my money, maybe less if I get bonuses at the new job.