Vehicle Payoff Day

Well I made yesterday my "payoff the cars day". I went to the bank and paid off the 09 Tacoma and the 01 Mustang Bullitt. It feels great to have that debt gone.

 

Only 6 more years for me!

 

I hear ya there... Worth every payment though!

 

I remember that day with my last Tacoma.





I thought about it alot while I was buying my new Tacoma. Yes, I have a problem...

 

Congrats! You should obviously celebrate by buying a new truck! But only if you put $0 down and finance for at least seven years.

 

9 months to go!

 

Congrats on paying it off!

6 years?? My entire loan wasnt even that long. Im about 2 years out now...

 

Well done OP

 

Thanks guys. I did it in 4 years. I don't get why people take out 72 month loans. That is crazy.

 

If its 0% why not?....Free money!

Even 2% or lower

 

This. I could've bought the truck with cash but it made more sense to put minimal down with a low interest rate and allow my money to work elsewhere at a higher interest rate.

 

Gotta love the payoff days!!! been there many times.....but paying on my taco is money well spent!

 

Congrats OP!! Must be a good feeling,I owe $200 on my snowmobile and I am paying it off tomorrow. Payed it off a year early feels damn good!

 

Yea if you can't get a low rate it's nice.

 

Congrats. I paid mine off in 4 years too. Its great to be out of debt.

 

It is a great feeling. Paid mine off in 3 years. Now I have to pay off my wife's fancy Highlander. Worth every penny.

 

a little over 4 years left

todays the first time i drove in her the past two months to, she needed some love.

 

I often do 6 year loans, but pay them off way before the six year mark. It gives me the option of paying extra when I have extra cash on hand, and my interest rates are so low it makes little difference.

 

Same here. I signed up for a 72 month loan in August when I bought my new truck but only have 56 payments left to make since I double up each month. My next payment isn't due until February of next year. It gives me peace of mind incase something came up to where I would have to skip a payment that I'd be able to since I'm so far ahead.

 

Same here. I signed up for a 72 month loan in August when I bought my new truck but only have 56 payments left to make since I double up each month. My interest rate is only 2.84 too. My next payment isn't due until February of next year. It gives me peace of mind incase something came up to where I would have to skip a month thatI'd be able to since I'm so far ahead.