good for you, now go trade it in and start making new payments.
good for you, now go trade it in and start making new payments.
I have just one more payment left until my car will really be my car:awe: Will be the first car that I have paid off! Not bad since I am only 25!
What kind of car? If it's fairly new, keep it and find something more worthwhile to spend your money on.
I've had my pickup for 2 years (2010 F150) and my wife's car for a little over a year (2010 Fusion). Paid them both off within 2 months (took the incentives for starting a loan with Ford).
Her parents gave us crap for taking a loan, even though it netted us more money due to incentives, and we paid it off in 2 months. According to them its a scam and I lost money, same with every other 0% card I've ever opened, ever.
That's awesome. I have friends and family that give me all kinds of shit for paying stuff off early. They can't fathom how someone could drop an alternator sized amount of money when they can keep paying less money x 60 months.
Funnily enough, all of them struggle with money issues while I've been in the black for years now.
To their credit, they haven't really had money issues either because they practice what they preach as far as buying habits - buy everything cash.
So when they buy a car from a dealer (and they buy new), they pay cash. But the fact that they can't understand that they are paying more money usually (there is almost always an incentive for starting a loan with a specific lender), and won't listen to other people, still makes them kinda ignorant.
I've had my pickup for 2 years (2010 F150) and my wife's car for a little over a year (2010 Fusion). Paid them both off within 2 months (took the incentives for starting a loan with Ford).
Her parents gave us crap for taking a loan, even though it netted us more money due to incentives, and we paid it off in 2 months. According to them its a scam and I lost money, same with every other 0% card I've ever opened, ever.