Nearest Office:

Home > Question > What is a Car Loan Payoff Amount?

What is a Car Loan Payoff Amount?

Sam Rakestraw headshot
Sam Rakestraw

Answered On Mar 14, 2023

· Answered On Mar 14, 2023

You can also refer to a car loan payoff amount and a car loan payoff total since it’s another word for the total amount you owe on any given car loan. It also accounts for interest and principal. As you may assume, it changes between statements. 

Car loans often require the loanee to carry full car insurance to protect what is still considered the property of the loaner. Insurance Navy understands this and recognizes that you still have payments to make. So, the cost of car insurance shouldn’t hold you back. We offer competitive and cheap car insurance coverage for every level of auto coverage for ever kind of driver. Start today with a free quote to see how much you can save and put towards your car loan.  

Let Insurance Navy Help You Find Savings On Your Car Insurance

Enter your ZIP code below to view quotes for the Cheapest Car Insurance Rates

What Others 
Are Asking

How do You Open a Car Trunk Without a Key?

I accidentally locked my keys in my car trunk. How do I open it without them?

Jan 3, 2023

How Can I Fix a Bullet Hole in a Car Door?

My car was parked next to a police investigation, and there was a shooting, and it was hit. How can I fix the bullet hole in the door?

Jan 31, 2023

What Kind of Car Financing Rate Can I Get With a 700 Credit Score?

I just got a car financed. What kind of APR or financing rate will I get with a credit score of 700?

Dec 19, 2022

Advice From Insurance Navy