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-   -   Paid off my car (http://www.homebrewtalk.com/f19/paid-off-my-car-53544/)

Kevin Dean 02-01-2008 10:09 PM

Paid off my car
 
I've spent the past 3.5 years paying off a car that I've come to hate.

Today, I'm done! Paid off the remaining balance and it's MINE!

Brewiz 02-01-2008 10:11 PM

Cool...Not too long and I'll have the SWMBO car paid off, can't wait for that raise.

JustDave 02-01-2008 10:14 PM

Nice, it's a great feeling, isn't it?

Melana 02-01-2008 10:16 PM

Good deal!

Funkenjaeger 02-01-2008 10:48 PM

Yeah, my brewing spending went up right around the time my car payments ended, and pretty much cancelled out the savings. But regardless, at least now I have more beer.

EdWort 02-01-2008 10:50 PM

Feels good, no car payment. Now, start sticking half of that payment away in a fund for maintence and repairs. It will come in very handy when you have a $1,500 repair bill in the next year or so.

bigjohnmilford 02-01-2008 11:36 PM

Quote:

Originally Posted by EdWort
Feels good, no car payment. Now, start sticking half of that payment away in a fund for maintence and repairs. It will come in very handy when you have a $1,500 repair bill in the next year or so.

good advice, not everyone has the super fil that I have for car repair. :ban:

TexLaw 02-02-2008 08:28 AM

:rockin: :mug: I hate to be the cold water, but you ought to go ahead and put the other half of that old payment aside so that you don't have a payment at all next time. :)


TL

Gammon N Beer 02-02-2008 11:00 AM

Quote:

Originally Posted by TexLaw
:rockin: :mug: I hate to be the cold water, but you ought to go ahead and put the other half of that old payment aside so that you don't have a payment at all next time. :)


TL

Yup...it works well. Eventually you pay 1/2 of a new car in cash....then 3/4 then, all of it.

Buy quality cars and replace them only when necessary.

MikeFlynn74 02-02-2008 11:05 AM

I paid off my old silverado in 3.5 years. I ended up trading it in on the last payment and Got a 2007 Silverado.

My payments stayed the same and now I have a brand new truck. But several years of paying left to go.


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