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Paid off

Discussion in '2nd Gen. Tacomas' started by jpmorrisvb, Apr 1, 2008.

  1. Apr 1, 2008 at 6:09 PM
    #1
    jpmorrisvb

    jpmorrisvb [OP] Well-Known Member

    Joined:
    Feb 20, 2008
    Member:
    #4840
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    2,238
    Gender:
    Male
    First Name:
    Jimmy
    Virginia Beach
    Vehicle:
    2014 Barcelona Red TRD Off-Road PreRunner
    Clazzio seat covers, KB Voodoo Powder Coated Tailgate Cap, OEM running boards, ImMrYo Rear-View Mirror Lift Bracket, 35% Tinted windows, EGR window vents, color matched door handles and tail gate lift, WeatherTech FloorLiners, OEM bed mat, sound dampening on rear wall and rear doors, on anytime foglight mod
    I pulled the trigger tonight and paid off my truckin less than a year!

    Damn that feels good. (Credit Union in yellow ... me in blue)

    [​IMG]
     
  2. Apr 1, 2008 at 6:29 PM
    #2
    missileman125fw

    missileman125fw Well-Known Member

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    Dec 19, 2007
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    #3912
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    2,735
    Congratulations, I know it feels good to pay off a vehicle early!
     
  3. Apr 1, 2008 at 6:54 PM
    #3
    06tacoma

    06tacoma Well-Known Member

    Joined:
    Dec 6, 2006
    Member:
    #407
    Messages:
    415
    Tampa FL
    Vehicle:
    06 PreRunner SR5 XS-P Trd Longbed Double Cab
    20" enkei wheel,BFG G-Force tires, BHLM, Smoked tail lights, 2 RE Audio 10s, Quantom 900watt amp,10000K HIDs headlights and fog lamps,Borla exhaust, Borla drop in filter,Debadged tailgate,Painted black tacoma badges
    Congrats cant wait to do the same
     
  4. Apr 1, 2008 at 7:07 PM
    #4
    EquinsuOcha

    EquinsuOcha Bourbon

    Joined:
    Mar 18, 2008
    Member:
    #5368
    Messages:
    3,674
    Gender:
    Male
    First Name:
    Casey
    Ft Worth, TX
    Vehicle:
    07 PreRunner
    AFE Drop-in filter, Wet Okole seat covers, Hifonics 6.5" components in front, MA Audio midbasses in rear, Kicker 8", RE Audio 2 channel for components, Elemental Designs bridged 2-channel for sub, CB, Devil Horns, Rancho QuickLift, Rancho RS9000XL rear shocks, Toytec AAL, stickers, things and stuff.
    Congratulations! I remember how good it felt to pay off my bike; I paid of a 5 year loan in just over 3 years.
     
  5. Apr 1, 2008 at 7:15 PM
    #5
    lsocoee

    lsocoee My hair is all natural Thor

    Joined:
    Feb 9, 2007
    Member:
    #872
    Messages:
    10,101
    First Name:
    Hotdog
    Vehicle:
    2007 PreRunner SR5 Double Cab
    Wet Okole Underwear
  6. Apr 1, 2008 at 7:19 PM
    #6
    jpmorrisvb

    jpmorrisvb [OP] Well-Known Member

    Joined:
    Feb 20, 2008
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    #4840
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    Gender:
    Male
    First Name:
    Jimmy
    Virginia Beach
    Vehicle:
    2014 Barcelona Red TRD Off-Road PreRunner
    Clazzio seat covers, KB Voodoo Powder Coated Tailgate Cap, OEM running boards, ImMrYo Rear-View Mirror Lift Bracket, 35% Tinted windows, EGR window vents, color matched door handles and tail gate lift, WeatherTech FloorLiners, OEM bed mat, sound dampening on rear wall and rear doors, on anytime foglight mod
    missileman125fw ... where in Northeast Florida? I lived in Fernandina Beach on Amelia Island some time ago.
     
  7. Apr 1, 2008 at 7:41 PM
    #7
    Roland

    Roland My other ride has sails

    Joined:
    Jan 8, 2008
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    #4149
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    2,408
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    Male
    Rhode Island
    Vehicle:
    06 Impulse Red I4 2WD Access Cab
    UnderCover Tonneau, Bed mat, Bug Deflector, aFe Pro Dry S, Secondary Air Filter removed, Synthetic 5W-30 oil, Scanguage II with blendmount, WeatherTech floorliners, Toyota seat covers, Installed OEM intermittent wipers, TacomaWorld sticker, Defrost without AC mod, Hidden Hitch
    Gratz! :proposetoast:
     
  8. Apr 1, 2008 at 7:42 PM
    #8
    SocalMan22

    SocalMan22 Founder Socaltacomas.com Thor

    Joined:
    Mar 25, 2007
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    #1146
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    First Name:
    Steve-0
    So*Cal
    Vehicle:
    06 PreRunner Dbl Cab
    What Mods!
    You really wanted people to know you paid your truck off saw your thread on toyota nation congrats man.
     
  9. Apr 1, 2008 at 9:01 PM
    #9
    aaron15

    aaron15 Member

    Joined:
    Dec 10, 2007
    Member:
    #3794
    Messages:
    12
    Vehicle:
    07 SR5 access cab
    hey guys....im only 18 so i dont know much about whats going on...but can you guys elaborate on how he paid off his truck early?? I know my did is paying off my car but i don't know how long its going to take!
     
  10. Apr 1, 2008 at 9:22 PM
    #10
    buyobuyo

    buyobuyo Well-Known Member

    Joined:
    Jan 24, 2008
    Member:
    #4417
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    267
    Gender:
    Male
    Socorro, NM
    Vehicle:
    08 PreRunner SR5, I4, Manual, Silver
    DIY Secondary Filter Removed, DIY DRL, AFE Pro-Dry S drop-in filter, Redline Tuning QuickLift Hood Struts, Hidden Hitch Class 3 Receiver & Trailer Wiring
    You pay off the loan early by making larger payments than what is do each month. The extra goes toward the principal, so in the long run you save money by paying less interest.

    As to how long it will take your dad to payoff your truck, that depends on the length of the initial loan, and if he's making larger payments than he has to.
     
  11. Apr 1, 2008 at 9:22 PM
    #11
    eordonez

    eordonez Living vicariously through mjp2

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    Ed
    Chihuahua, Mexico
    Vehicle:
    TRD Sport Dcab 4x2 Black Sand Pearl
    OEM All Weather Mats, wheel locks, Toyota Silver Tube steps.....
    Congrats Man!, i´m planning to do the same in a 2 yr or less basis..... i´m supposed to pay it in 4 year but hell no, the interest rate in toyota financial services down here is 19-20% annual.... debt suck ass! but the taco is well worth it
     
  12. Apr 1, 2008 at 10:10 PM
    #12
    Krp2nite

    Krp2nite Well-Known Member

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    69
    I know the feeling, I spent alot of years paying off vehicles before and ain't planning on doing that again any time soon. I bought this one cash. I just save a smalll amount each month like I was making a payment anyway and hopefully by the time I wear this one out I can do the same thing again. Feels good though knowing that you own something huhh! Now if I could just get out of my mortgage as easily.:mad:
     
  13. Apr 1, 2008 at 10:32 PM
    #13
    CDonC

    CDonC Active Member

    Joined:
    Feb 21, 2008
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    #4870
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    42
    PDX (I actually live in the airport)
    Vehicle:
    Hopefully '09 owner
    Congrats! That must feel really well, I've had my F-150 for a few months now and paid off almost 2 years worth of payments on a 5 year loan. Hopefully I'll be able to do the same thing!
     
  14. Apr 2, 2008 at 5:41 AM
    #14
    missileman125fw

    missileman125fw Well-Known Member

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    2,735
    I live in Lake Asbury which is just south of Orange Park and in between Middleburg and Green Cove Springs. We just went to Amelia Island, what a beautiful place. I could move there and be very happy. How long ago did you move?
     
  15. Apr 2, 2008 at 7:04 AM
    #15
    nd

    nd Radical Town. It's a hell of a place!

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    Nate
    Greenville, SC
    Vehicle:
    07 TRD Off-Road 4x4 debadged
    De badged, 5100's, Black Toyota Baja wheels
    nice! i've felt that feeling once before and i cant wait to feel it again....
     
  16. Apr 2, 2008 at 7:11 AM
    #16
    jpmorrisvb

    jpmorrisvb [OP] Well-Known Member

    Joined:
    Feb 20, 2008
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    #4840
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    2,238
    Gender:
    Male
    First Name:
    Jimmy
    Virginia Beach
    Vehicle:
    2014 Barcelona Red TRD Off-Road PreRunner
    Clazzio seat covers, KB Voodoo Powder Coated Tailgate Cap, OEM running boards, ImMrYo Rear-View Mirror Lift Bracket, 35% Tinted windows, EGR window vents, color matched door handles and tail gate lift, WeatherTech FloorLiners, OEM bed mat, sound dampening on rear wall and rear doors, on anytime foglight mod
    19 - 20% .... damn ....... sorry to hear that man. :sorry:

    Keep making the payments and before you know it it'll be your's.
     
  17. Apr 2, 2008 at 7:13 AM
    #17
    jpmorrisvb

    jpmorrisvb [OP] Well-Known Member

    Joined:
    Feb 20, 2008
    Member:
    #4840
    Messages:
    2,238
    Gender:
    Male
    First Name:
    Jimmy
    Virginia Beach
    Vehicle:
    2014 Barcelona Red TRD Off-Road PreRunner
    Clazzio seat covers, KB Voodoo Powder Coated Tailgate Cap, OEM running boards, ImMrYo Rear-View Mirror Lift Bracket, 35% Tinted windows, EGR window vents, color matched door handles and tail gate lift, WeatherTech FloorLiners, OEM bed mat, sound dampening on rear wall and rear doors, on anytime foglight mod
    I was in the Navy ...... too long ago. Moved in 1983 ..... (I was still VERY young at the time).

    Lived just north of the turn of A1A as it goes south. Miss the lifestyle.
     
  18. Apr 2, 2008 at 8:52 AM
    #18
    HardCase

    HardCase Well-Known Member

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    Kalispell, Montana
    Vehicle:
    '08 Regular-cab 2.7/5-speed manual
    2" trailer hitch, grill-guard, bed mat, ScanGaugeII
    That's exactly what I started doing about 10 years ago. I'd paid off a vehicle and had grown accustomed to making a roughly $400 per month vehicle payment, something I'd been doing with fair regularity for a number of years, so just kept putting that same amount, since I had already "budgeted" for it, into a special savings account that I named my "Car Account". Later I poked it into a money-market account with a brokerage house in order to make more interest. Since that time I've bought two new and one used vehicle by paying cash, haven't made a car-payment to a creditor in a decade, but I keep making that payment to myself!! Feels good, plus the money is there if a guy ever needed it for some real emergency. I become increasingly convinced that with the economy as uncertain as it seems to be at present, the only legitimate form of indebtedness, certainly in any sort of long-term sense, is one's home mortgage.....and even that can be shakey as we have seen lately, at least under some circumstances and/or in certain parts of the country.
     
  19. Apr 2, 2008 at 11:13 AM
    #19
    flavalk

    flavalk 2-Broke 2-Care

    Joined:
    Jan 15, 2007
    Member:
    #729
    Messages:
    148
    Orlando, Florida via Huntsville, Alabama
    Vehicle:
    '07 PreRunner SR5 Double Cab 2WD - Short Bed - Automatic- Silver Mica
    Not much. Toyota bed mat, Toyota step bars, tinted windows, Toyota seat covers, Toyota all-weather mats, quart of Wild Turkey in the glove box, KelTec PT3AT in the center console, backseat full of old speeding tickets
    WoooHooooo. Good for you! My truck is the first vehicle payment that I have had in over six years. Three more years and my '07 will be paid for:(
     
  20. Apr 2, 2008 at 11:18 AM
    #20
    flavalk

    flavalk 2-Broke 2-Care

    Joined:
    Jan 15, 2007
    Member:
    #729
    Messages:
    148
    Orlando, Florida via Huntsville, Alabama
    Vehicle:
    '07 PreRunner SR5 Double Cab 2WD - Short Bed - Automatic- Silver Mica
    Not much. Toyota bed mat, Toyota step bars, tinted windows, Toyota seat covers, Toyota all-weather mats, quart of Wild Turkey in the glove box, KelTec PT3AT in the center console, backseat full of old speeding tickets

    Holy crapola! 19-20% ??? I got my '07 Prerunner in December of '07 at 3.9% in Orlando
     
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