That's cool.

But. Hmmm, wierd, mine was paid off the day I bought it. My billfold got alot smaller after counting out all them $100 bills.

 

Must be nice

 

It is, but, do have a loan for the wife's 08 Town and Country.

Everything else besides the house is paid off. But I've never owned a brand new vehicle, and before this Excursion, the newest vehicle I ever owned was my old 94 F150. Bought that for $1000, rebuilt everything, lift and tires and sold it for a good profit.

 

I'm 18 so I couldn't drop all my money on one thing. And I needed to get a credit score somehow.

 

O, yes, I remember them days, was only 12 years ago. I drove a 68 Bronco back then. I paid cash for it too. But had taken a couple years to save up for. Paid a whole $1600. Lol.

 

I paid for part for $5000 of mine with cash...lol

 

Absolutely! If I don't have the cash I don't buy. I will never go in debt for any reason ever again.

 

Only thing a credit score is good for is to get more debt.

(You don't even need a credit score to get a house mortgage.)

 

Congrats!!!!!

As for the expensive parts......THEY ALWAYS DO!!!!

Bought mine new and it's been paid for since August 2006. It took about two years, but some expensive parts found out I had some extra cash, lol!

The work to replace them isn't all that bad, just remember to put away what you've been paying into your savings. This way when something does break, you more than have the means to fix it.

 

Exactly!! That's the plan!!! Tks all. It feels good!!

 

It sure is nice to borrow money @ 3% with a high credit score

 

I'm a little late on this thread but congrats OP. I have 1 month to go until mine is paid in full.

 

I'm sure that's a great feeling... Congrats!

 

Congrats. I bought a 2006 K3500 Chevy brand new, worked like hell to get it paid off after three years. It made me sick to see that much money parked in the driveway, didn't want the thing any more after that. I haven't taken a loan on a vehicle since and won't. Mortgages are a different story. I love me some rental property, 8 mortgages and counting. Paid cash for two though. Thing is that we couldn't have done any of this if we hadn't gotten rid of our debt first. My first Ex was my "Dave Ramsey" car. I just sold it and got an '03 with 60k miles on it. Paid cash for it too.

It's funny how your decisions are different when you pay cash for stuff rather than charge it.

 

The used car/truck and CASH are king !!!! yeah.