I have a student loan with about 43k remaining. I want to buy a vehicle that costs about 10k. I have excellent credit. The interest rate on my student loan is over 6%; I can get a vehicle loan with very low interest through USAA (much less than 6%).
If I have about 25k liquid, does it make more sense to get a loan for the vehicle and pay down the higher-interest student loan, or to just buy the vehicle outright and use the remaining 15k to pay down the student loan (and avoid taking out another loan)?