Well, on the other side of the coin, I did get a car loan 2 years ago and then refinance it almost immediately to a 2% rate. So given the current inflation scenario, my money/savings stays where it can earn more than 2%, and I get to pay off the loan with depreciated dollars. I hear Series-I bonds are a hit right now. YMMV.
https://www.treasurydirect.gov/indiv...esandterms.htm