Who has their truck Paid off?

It is so great to read that so many on here are paying cash for their vehicles. Since they are depreciating items there is no better way to go IMHO. I am 60 and have been debt free for 15 years except the house which was paid off this October 4th. Actually it was my 2nd house to be paid off in full. My ex-wife lives in my first paid off house. I have taught both my 2 children to live within their means and hopefully they will both be 100% debt free earlier in life than me. The peace of mind that results is a feeling like none other you will ever experience.
Sorry for the old man rant.

 

$1300 X 36 = $46800, plus interest rates are low. WHAT did you buy?

I paid cash for mine. I think (at least for ME) the true value of paying cash instead of financing was that it gave me power of not getting suckered into buying and paying for extras and add-ons I didn't want/need. You know, the old "It's only $5 a month for the paint sealant", "$3 a month for key insurance", etc.

What I wanted was the very base model 4X4, didn't need anything BUT that. And that's exactly what I got, plus no dealer add-ons. They REALLY tried to work me to get me to look at AC's, and DC's (even at the trade off of going to a 2WD). I told them "Fine, if you can get me into an AC with 4X4 for under $20K I'll do it". Then they tried to talk me into financing the truck, and paying it off quickly, to add to my credit rating (It was at 793 then) figuring they could get me to upgrade. I told "NO" because we were getting ready to buy a new house and didn't need the credit activity messing up our deal. Once they realized I had $20K to spend and not a penny more, they only mentioned the dealer add-on stuff, then dropped it.

On the other hand, I just bought my wife a 2014 VW Jetta TDI, financed it and got suckered for the paint and upholstery sealant and extended warranty. Oh well, I shouldn't need to buy another car or truck for a long time

 

Bought mine used and wrote a check.

 

2010 trd sport dclb, block heater, winter tires and rims, extended warranty, tax, oh and it's in canada. That's what we pay bro. If I had to do it again I probably would not buy the tacoma, it's overpriced.
I had to finance at the three year term because that was the only term offering 0.9 rate.

I would have paid cash but you know I just don't have 50k hanging around.

 

2013 TRD OFFROAD paid off the day I drove it off the lot.

 

I bought mine on loan and cannot not afford it. at least i got to experience ownership..
will see how long before the repo man shows up..
If I am going to go down, Ill go down in style!

 

Paid in full with a bankers check. Borrowed $ from my retirement fund. Now I'm paying myself back with interest

 

That's BS man any veteran should have the truck of their choice

 

Ask me again in April. I have to make 3 payments to keep the military discount but after that I am paying it off.

 

Paid cash for a 2014

 

That's a good idea to be your own bank... then you get the profit instead of the bank.




Greg

 

Just wrote the final check today. Took just under 21 months and it feels great to have all my vehicles paid off. Now to start working on the mortgage.

 

This thread inspired me to throw extra money on my truck payments when I can. I can't wait until she's paid off and all mine. All that extra monthly income will be nice. Plus I didn't get 0% or .9% financing like some of you lucky folks, I had a terrible break up with an ex and lost my condo. My credit used to be immaculate, it is now destroyed. Anyways, it felt good to throw an extra $400 last check towards the payments, it goes right towards principal like a mortgage.

 

Paid it off this afternoon..... Slappy new year

 

Paid off 25k cash already had kings and a supercharger!

 

Paid it off yesterday!

 

not paid off but it's one of the only three bills I have. Truck, insurance, and internet/house phone. I own an iPhone but I only use it when it's hooked up to WiFi, no cable because I used the internet to watch just about any show or movie that exists. Housed by the government. This thread has made me also think about throwing some extra money towards the payment each month.

 

2005 bought new, i think it was paid off in about sept 2008, it was a great feeling on that day though

side note, no one ever thinks about it,but on my last 5 or 6 vehicles i got loans from state farm bank through my agent and they beat everyone elses apr but at least 1% so keep that in mind or maybe think about a refi

(i do not work for state farm btw, thisis not a sales post, lol)


cheers,
disco

 

A little over 5 years left then I'm done!!!! Whew!!!

 

talk to your state farm agent, they have great apr's i did 5 or 6 with them and they have awsome apr's

i agree with previous poster, vets should get some substancial extra benefits to get vehicles, thank you for your service to the country bro

cheers,
disco