Since I bought my new 2004AT. 23 September.

Made my last payment today. Decided to just skip the last 2 years on my loan. I had the money saved up, and I'm only forgoing about $100 vs putting the money into something like treasury bills. And coming out ahead compared to the 1.4% on my savings account

 

get an ing account... 4.4%

 

Congrats!

 

emigrant gives 5.15%

 

My 1.4% basic savings account is dramatically lower now. It was either move it into something like a 5% tbill, or pay off the car. I decided that 3 years of payments were enough.

Some of the remaining money will be spent on a vacation in 2 weeks. Otherwise, it is just an emergency fund.

 

'grats, man....it's nice to know it's all yours now.

C.

 

teach me how to save!! LOL

 

Essentially I paid $10,000 down, payments for 3 years, then $11,000 to stop making payments. I should have just done a 3 year loan to begin with, though in that case, I wouldn't have had the $11,000 3 days ago

 

Of course, now that the car is paid off (though the money hasn't been pulled from my bank account yet, it has apparently been closed on chase's site, since it doesn't show up anymore).

Now, I can concentrate on buying new tires within the year. Looking at them, the factory EL42s don't look like they will last much past 40K miles.

 

Forgot to mention that you are one of the veterans of our site, Kevin. Tnx for staying as long as you have, and kudos for your dedication....
We wouldn't be anywhere and not have grown without longstanding members like yourself........

Cheers
Colin

 

Can't believe I'm still hanging around after this time. I started here while researching cars, but would have thought I would have got bored after having the car a few months. Have remained happy with the car in spite of a few nits with it