How much do you owe?

Mine would have been paid off if I'd stopped buying more guns.

 

Still owe 21,200 half way there.

 

This I can relate to. Sorry kids daddy needed guns and truck stuff. Pay for your own damn college

 

Balance is zero

 

In 2018 average household income for a full size truck buyer is $100,305.

https://www.freep.com/story/money/cars/2018/10/04/pickup-truck-prices-vehicles/1455588002/

 

Nice $100,305 to go then till get I get a full size.

 

Zero, paid cash.

Zero debt for the past 16 years.

 

$0 since day 1

 

...but day 1 was a tough, tough day for the old wallet...

 

Not a 3rd gen but paying off the balance of my 2nd gen this Thursday with annual bonus.

Had a 72 month loan and paying it off in 39.

 

House is paid off, credit card gets paid in full every month...cool that my bank pays me to use their money.

Truck was bought November 2018. I wanted to pay it off ASAP, so I made multi payments. Not use to making payments, and don't like it.

I downloaded the pay off form Friday night, Monday I'll do some transferring of funds and send the payoff form and a check to Toyota Southeast Financing.

Damn shame you can't do a direct bank transfer to Toyota. That's what I did when I bought my bike from a dude that just wanted his pay off amount for it.

 

I'll agree here.. Middle class pays cash..eventually all my assets will be paid off but until then I'm the banks bitch

 

these topics always devolve into absurdist financial posturing. it’s a way for one to seemingly feel superior to another. what one does with their finances matters not at all. pay cash, use credit. whatever there is absolutely zero right answers for any sum of individuals. i just hate the fact that this always turns into a im right in my ways and you aren’t.

can you pay cash and want to? cool.
would you prefer a loan? cool.
it’s your life do what makes the best sense for you and yours.

 

I owe more than a dollar, but less than a million

 

I think you’re the only one getting upset about it

 

well, excuse me then. i’ll just be over here doing what i do with my finances.

 

Probably a good place for you

 

it’s worked well so far.

 

I’m the pay it forward type (my father’s biggest financial impression on me) ... I make payments to myself, then pay cash for the vehicle and start making payments to myself again. That way the investment bank is paying me interest instead of the other way around. Wouldn’t ever finance a similar high dollar purchase (except for the house, but I keep the mortgage to income ratio under .20).

 

I got 0% financing. Earning money on my money.