PAID OFF!
09-30-2011, 08:02 PM
#22
Registered User
These are words of wisdom. You're used to living with the car payment. Make the payment into a savings account for a couple of years, and you'll have a nice emergency fund. Otherwise, it's all too easy to waste the extra money and have nothing to show for it after a couple of years.
10-02-2011, 05:20 AM
#28
I have 3 payments to go. Nice way to start out 2012.
Congrats on paying off the S2000!
Congrats on paying off the S2000!
10-02-2011, 06:18 AM
#29
Registered User
Join Date: Feb 2011
Posts: 175
Likes: 0
Received 0 Likes
on
0 Posts
Paid off with student loans...whats wrong with me? Paying 5.4k in student loans begins in 8 months. Well technically I used my money to buy the S, but that left no monies to live haha!
10-02-2011, 10:09 AM
#30
Registered User
Join Date: Jan 2010
Posts: 96
Likes: 0
Received 0 Likes
on
0 Posts
Congratulations, nothing beats driving a car that you actually own (other than the bank). I remember making car payments and it was a freaking nightmare. Financing/leasing also requires you to have full coverage so that adds up to your monthly payments. That was the good o'l days, I now buy my car in cash. My advice is to pretend that you are still making car payments (even for at least a year) and put that money in your savings.