Don’t refinance Just act like it’s financed for 8 percent, use the extra money you saved to pay all except $10 as fast as you can, that way the loan is all but non existent, but the account is still open, so you can then use that loan to pay for other expensive things and investments

This is actually how my uncle (who’s a mechanic) bought 2 brand new cars. It’s a very clever way of doing things.