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My god, I can't wait to be done with the car payment. I'm going to drive that Honda until it rots. Fortunately, that shouldn't be for a long, long time. 'grats and all to you!
The interest rate on my car loan, made while I was younger with absolutely no credit history, is atrocious. I decided this month to start paying it down, since the interest payments will be almost a quarter the cost of the car by the time I'm done paying them! I think I'm going to save up money for my next car, rather than take a loan, which means I'll be driving this car for at least 10 years!
I'll share my horror story. Years ago when my credit was wreaked I needed a car and wound up paying 25.88% interest. It effectively doubled the cost of the car.