ALL MINE!!!!!!!!!!!! - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

0stones0 · 05-31-2021, 10:00 AM

Quote:

Originally Posted by Camaro fanboy

all the time you owe anybody a single penny you're a slave to that person or institution.
the times in life you have to loan money make sure you repay it back ASAP.
only ever had 2 mortgages in my life. both repaid in 10 years flat.
never loaned money for anything else other than that..

Congrats to the OP for being set free.

The real issue with the loan is the added price (from interest) of anything you purchase. Imho, many don’t take this into consideration.

ADVMax · 05-31-2021, 10:01 AM

I’ve bought a few cars cash or check. That feels pretty good.

I’ve also made that last payment a few times, I think that feels even better!

Congrats!

Camaro fanboy · 05-31-2021, 10:03 AM

yes ofc.
plus knowing you dont own it either. i could never enjoy something someone else owns.
if i cant afford it i dont buy it.
i'm only a construction worker but live within my means.
but yes it must feel good finally owning your camaro so well done that man.

Ashen 6.2 · 05-31-2021, 10:09 AM

Awesome & congrats!

*mlee* · 05-31-2021, 11:15 AM

Quote:

Originally Posted by ADVMax

I’ve bought a few cars cash or check. That feels pretty good.

I’ve also made that last payment a few times, I think that feels even better!

Congrats!

Paid mine off 6 months ago and enjoying that extra $$ each month.

chef-beavis · 05-31-2021, 04:30 PM

Always a great feeling! Congrats!

Avenging Orange · 05-31-2021, 05:24 PM

It's a great feeling. Congrats!
I remember paying off the house in 2019....took almost a week before the reality of it kicked in.

Tony-8 · 05-31-2021, 07:45 PM

Congrats on the payoff! It sure is nice to get that lien release letter from the bank. I had that nice feeling myself last year when I paid off my 2014 RS before trading it in on my 2014 SS vert. I have a small loan on the SS and look forward to that good feeling again sometime soon. :-)

Homeless Man · 06-01-2021, 03:02 AM

Quote:

Originally Posted by Camaro fanboy

all the time you owe anybody a single penny you're a slave to that person or institution.
the times in life you have to loan money make sure you repay it back ASAP.
only ever had 2 mortgages in my life. both repaid in 10 years flat.
never loaned money for anything else other than that..

This is actually not proper thinking. Instead of dropping all that capital on a house or car, I can invest that money into whatever I’m doing and make much more money than what I would’ve spent on the asset plus interest. If you don’t wanna be a slave you have to think like the people that own the slaves.

L6611983 · 07-22-2021, 07:50 PM

Paid off mine today! she's mine.

fz4k98 · 07-22-2021, 08:45 PM

Congrats on paying off the loan. Loans are neither good or bad, it depends on how you fit it into your total financial plan. If I can find a vehicle loan at 3 percent or take out some of my money that is making 8 percent on investment, I take out the loan.

I have one currently on my truck and know the numbers made sense at the time. Not buying something because you cannot afford it is always a good choice. Using your credit to your advantage is also a good choice.

Camaro fanboy · 07-22-2021, 09:00 PM

Quote:

Originally Posted by Homeless Man

This is actually not proper thinking. Instead of dropping all that capital on a house or car, I can invest that money into whatever I’m doing and make much more money than what I would’ve spent on the asset plus interest. If you don’t wanna be a slave you have to think like the people that own the slaves.

nope.clear debts is a priority for me. owning my house and everything else helps me sleep better. i do not like anyone having a hold on me financially.
knowing my house cars and bikes are all mine is way more important that investments.
i got a ton of money and dont need any more

Camaro fanboy · 07-22-2021, 09:01 PM

Quote:

Originally Posted by L6611983

Paid off mine today! she's mine.

now try and keep it that way. owing money on a deprciating asset is not good

Aqua Blue RS/SS · 07-22-2021, 09:43 PM

Quote:

Originally Posted by Camaro fanboy

nope.clear debts is a priority for me. owning my house and everything else helps me sleep better. i do not like anyone having a hold on me financially.
knowing my house cars and bikes are all mine is way more important that investments.
i got a ton of money and dont need any more

Until you don’t pay your property taxes and then the state come and takes it all from you regardless of ownership status… I realize you aren’t in the US so it may not be like this in your country. (I bet it is though) kinda funny to me how even when a house or land is paid off the government still owns it that certain aspect.

05-31-2021, 10:03 AM	#17
Camaro fanboy Drives: 2017 2SS Arctic blue fully loaded Join Date: Mar 2021 Location: SWEDEN Posts: 880	yes ofc. plus knowing you dont own it either. i could never enjoy something someone else owns. if i cant afford it i dont buy it. i'm only a construction worker but live within my means. but yes it must feel good finally owning your camaro so well done that man. __________________

05-31-2021, 10:09 AM	#18
Ashen 6.2 Drives: 2014 Camaro Z/SS Join Date: May 2014 Location: NW Arkansas Posts: 1,996 View My Garage	Awesome & congrats! __________________ 2014 Camaro SS L99, Ashen Grey w/Black Leather - Build thread - http://www.camaro5.com/forums/showthread.php?t=491561 Mods - GPI 416 w/Custom Grind Cam, Ported Heads & Tuned by Ben, Holley Dominator ECU, Mag Heartbeat, ZL1 Fuel Pump & DSX Aux Pump, NW 103 TB, FIC 1650's, Alky Meth, Circle D 3600 Triple Disc, Kooks Headers, Viking Coil Overs & all the BMR Goodies in the rear, Zl1 3.23 Diff, DSS Axles, Gulfcoast Driveshaft, Hendrix Offset Diff Bushings, AFE Solid Subframe Bushings, 875HP/843TQ 5FDP

05-31-2021, 05:24 PM	#21
Avenging Orange Drives: 2010 Inferno Orange 2SS/RS Join Date: Apr 2010 Location: Clermont, IN Posts: 3,297	It's a great feeling. Congrats! I remember paying off the house in 2019....took almost a week before the reality of it kicked in. __________________ 2010 Inferno Orange 2SS/RS M6 Black Leather, Sun Roof, OBX Headers, Borla touring axle back, Cold Air Inductions CAI , non synthetic fluids, BMR total bushing upgrade/1" lowering springs, DSE 32mm rear sway bar. GM fe4 shocks/struts/LCA's, AAM 3.91 diff, Vertini RFS1.8 20x9 +30. Conti ExtremeContact Sport 275/35/20. sjm autoprod ABL dash kit. Mike Norris tuned 413/419. Avenging Orange: 43 years of not buying into the Hype........and damn proud of it!! https://youtu.be/9JD9it6SmB8 https://youtu.be/xmelTlEzI34 KICKING CANCERS ASS SINCE 2015!!

05-31-2021, 07:45 PM	#22
Tony-8 Drives: 2014 Camaro RRM 2SS RS, M6 LS3 Vert Join Date: Aug 2015 Location: New Hampshire Posts: 234	Congrats on the payoff! It sure is nice to get that lien release letter from the bank. I had that nice feeling myself last year when I paid off my 2014 RS before trading it in on my 2014 SS vert. I have a small loan on the SS and look forward to that good feeling again sometime soon. :-) __________________ Dream it - drive it!

05-31-2021, 10:01 AM	#16
ADVMax Sporting Foole Drives: 2010 Camaro SS Join Date: Sep 2019 Location: Alabama Posts: 500	I’ve bought a few cars cash or check. That feels pretty good. I’ve also made that last payment a few times, I think that feels even better! Congrats!

05-31-2021, 04:30 PM	#20
chef-beavis Drives: IOM 2013 2SS/RS, Greenie, 06 FXSTBi Join Date: Apr 2009 Location: Turd Town, WI Posts: 1,585	Always a great feeling! Congrats!

07-22-2021, 07:50 PM	#24
L6611983 Drives: 2010 Camaro 2SS Join Date: Mar 2018 Location: Bakersfield, CA Posts: 320	Paid off mine today! she's mine.

07-22-2021, 08:45 PM	#25
fz4k98 Drives: 2013 1ss Join Date: Jul 2012 Location: WI. Posts: 520	Congrats on paying off the loan. Loans are neither good or bad, it depends on how you fit it into your total financial plan. If I can find a vehicle loan at 3 percent or take out some of my money that is making 8 percent on investment, I take out the loan. I have one currently on my truck and know the numbers made sense at the time. Not buying something because you cannot afford it is always a good choice. Using your credit to your advantage is also a good choice.