Quote:
Originally Posted by IAI80
Paid off last month also. I bought this car at a Chevy dealer as a CPO just over 2 years ago. It was a repo, with the original owner having had it for 13 months. The CARFAX showed he had renewed the registration and then had it taken away a couple of weeks later. I assume if he renewed the tags he didn’t think he’d be losing the car so soon afterwards. That sucks but it just goes to show that when you buy a car (or anything else with a loan), you have to leave yourself an “out.” Zero down, seven year financing, rolling one loan into another, and all the other nonsense going on ain’t the way to do it. If all I could pay off quickly was a used Corolla....that’s what I’d be driving.
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Most don't think this way.
I save until I have enough to drop down to make the payment what I want.
Pristine credit means 1.9 or less financing and then I don't care about the extra 5-600$ over 5 yrs(or sooner depending on my mood). Hard to justify paying back money at next to no interest I can use elsewhere.
7-8% of paychecks go to the credit union and I never see the money and the payments come out of there. When the Camaro comes in, the Equinox gets paid off and new loan on the Camaro starts.
It's so easy in life if you control your bills instead of them controlling you.