I paid off my car today
Congrats anon.
I paid off my car 11 months ago and slammed a deer two days later. That was pretty cool.
>rfw paid my daily off 4 months ago>tfw extreme urge to buy something else.To be fair, I drive a base model Corolla so I'm now used to some creature comforts but want more now. Touch to unlock door handles would be nice.
Congrats!!!You will now have car issues you never thought possibleONE OF USONE OF US
>mutts are so cucked by jews they celebrate paying off even their cars loan
>>29115632We got into this situation by telling everyone that going into debt is GREAT, ackshually.Congrats OP but this anon is right.
>>29115616Good for you, fren.
>>29115632t. Bus rider
>>29115670stay mad bitch
>>29115616what did you get?
>>29115616Great! now do like most everyone else and buy another car or trade yours in so you can go into debt for another 5 to 10 years!
>>29115616woah woah, cool it with the anti-Semitic behavior. Look, you're essentially stealing interest payments from some hardworking members of the tribe.That's just not right.
>>29115632I would celebrate someone getting off drugs even though drugs are bad, yes
>>29115616fucking based!
>>29115623How much did it cost?
>>29115624should of just got an se corolla from the beginning.
>>29115616Enjoy it.And don't buy another car with a loan ever again.The bank clerks clapped when I paid my car off. Like those birthday things restaurants do.>>29115632Car loans are bad, but paying them off is good.Paying them off early makes Jews seethe
>>29116330Paying a loan off early is a bad thing for the guy with the load. It means he took out a loan in the first place with bad metrics. This is perfectly excusable if something happens like you get get a way better paying job or whatever, but if your life was predictable during the whole loan then paying it off early just means you mathed wrong.
>>29115616Great! Time to get a new car!
>>29115624go ahead and get the charger 392, anon, it's alright
I've never bought a vehicle through any means other than Straight Cash**(fiat money that is debt owed to you by a bank for ready-use spending transferred directly counts as "cash" for modern purposes)e-bike enjoyer btw
>>29115616Congrats. Now it's worth $3k and it probably needs a new engine and tranny. Good thing you didn't lease. It sure would suck being left with nothing.
>>29116395>left with nothinghe's left with a carzoomers treating cars (and other things, but especially cars) as investments rather than as tools and tooling to be owned until end of life has done untold damage to our shared noosphere
>>29115616good job anon
>>29116407He's left with a car that's worth nothing and will need more than the vehicles value in repairs. Yes vehicles are not investments which is why they make no sense to buy. Especially these days. Meanwhile houses are investments yet people lease (rent) those all the time.
>>29116355Eh not really.Paying off car loans early can reduce the interest paid by huge amounts. Some cases 75%+ saved.I took out a car loan, but got annoyed with it 6 months in.So I worked some overtime and paid off a 6yr loan at the 1 year mark.Saved me from paying around $5,000 in interest.Not exactly rocket science.At least women think my car makes me look responsible.
>>29116377>A California jew tries to avoid consumer protection laws by using a Native American quickie loan business.>Gets BTFO >Western Sky stopped making new loans in September 2013 and shut down its operations. CashCall faced large restitution orders and civil penalties. Eventually totaling well over $100 million.
>>29116415can't beat the original
>>29116418The only lesson from this post is that you had to change your habits in order to effect an early loan payment. Meaning you didn't math it out.The idea is to take out a load that you're comfortable with unless an unexpected windfall happens in the middle of the loan. You working overtime out of the blue is not an unexpected windfall.
>>29116417Are you retarded?I had a shit box Corolla for 12 years and it averaged less than $400 a year in repairs and regular maintenance.It's highly unlikely to have a car that will require repairs exceeding it's value.You sound like a >/n/igger
>>29116417>He's left with a carSounds Good Nigga
>tfw my car is worth more than when I bought it and is only going up in price
>>29116427Also no, I could have paid it off without overtime.However, I didn't want to stop going on dates.Dating is expensive, but fun.
>>29116431Great so you will sell it and take profit instead of letting it depreciate?
>>29116434Nah you took on overtime to pay bills as they came.
>>29116438Not him, but I don't want to sell my car even though it's worth $2K more than it was two months ago. I just appreciate that I won't get nothing if someone rearends me.
>>29116444*six months ago, dunno why I wrote two.
>>29115616I've been debt free for like 10 years now
>>29116448Good for you, and hope you're doing well.
>>29116438Canadian owner of that car here, I bought it last year and the car was worth about $50k a year ago if I went the private seller route and now I could go up to about $55k if I wanted to. The car is dealer order-only now so that's only going to make its value go up, especially that this specific interior color is now unavailable on newer models (and it's the best one).
>>29116448Hell yeah brother.
>>29116440No again.You sound like a triple nigger.
>>29116546Now your whole story is just obviously untrue. You make $4K in excess income a month but you had to work overtime?
>>29116313Please do not confuse the color of my car with the color of my skin. Cost me $100. Insurance paid something around 17k
>>29116468I'm doing less well mentally now than when I was poorer even though I have some money to fall on now>>29116494HYB fuck the predatory credit system
>>29116646>the predatory credit systemTake some accountability. Do predators have you sign a contract with the exact terms and conditions of your agreement beforehand? Do predators forget to teach you what "amortization" means and how to pay your debt off early so you won't get raped by interest? No, that's your own failure, ignorance is no excuse.
>>29116377Would
>>29116665You're talking to someone who paid off their debt 10 years ago, I'm a free man, you can corpospeak all you want but the truth is, the interest rates these creditors are charging is damn near criminal and the things normies are wasting that opportunity on is why our society has failed. Blaming the common man for his stupidity is a guaranteed way to crash the system and crashing the system means you and all the other corpos will be easy picking vs skill based builds during the inevitable happening
>>29116697>corpospeakWhat? These are financial terms.>the interest ratesAre largely determined by the federal reserve to curb inflation or stimulate growth. Also, you guys in the US have the lowest interest rates in the world. You hear 10% and you think it's a rip-off, every other country sees that and thinks "wow, that's a very good rate you must have really good credit." The average interest on a mortgage where I live is around 12% and cars is around 9%.Now sure, businesses also have a responsibility towards society and shouldn't actively make things worse for consumers, but if you willingly sign up to a get financially raped because you just HAD to have that new car that is 100% on you. Americans have gotten so used to cheap money you think reality is oppressive and exploitative.
>>29116700>financial termsExactly, corpospeak. The thing you need to realize about us here in the US is that the majority of Americans are now considered sub prime lenders with an average auto loan interest rate of near 20% over a 5y period. Our banks are actively profiteering off our poor and turning then into debt slaves. That's not even including the staggering amount of negative equity trade ins thanks to our unreliable cars. You thought the 2008 sub prime real estate crisis was bad? Wait until all the staceys and tylers default on their 7 seater suvs and f150 pickup trucks, our economy is right about to implode
>>29116704Have you tried not being poor? I was mad I put 25k down on my moozda on a 36 month 2.5% loan because my high yield savings account shot up to like 3.8% two months later. Chuds and Stacies don’t drive the S&P anymore, stonks go up, simple as.
>>29116704>20% over a 5y periodAnon that is not bad, honestly. If you buy a 30k car you'll end up paying 36k at the end of term.On the contrary, it is because money is so cheap in your country that you have all gotten used to living off debt and living in largesse off nothing but borrowing from the future. You're right in that American consumer debt is off the charts, but in order to stop that the fed needs to RAISE interest rates. Your comparison to the 2008 sub-prime crisis is very apt as everybody and their dog had 3 mortgages on homes they could never realistically afford and greedy banks who gave subprime lenders tons of money, which is fundamentally what caused the crash. The same has happened in your auto industry. Some blue collar worker should not be able to walk into a dealership and borrow a year's wages on a new truck, but both he and the bank say hey sure why not? He's good for it right? Anon it is the oversupply of money is what has caused this crisis.
>>29116710I'm not exactly poor but I'm not rich either, I'm just free. Good thing about paying off my debts was being able to invest and stocks this year has been insane, I'm up 20%>>29116712That rate might not sound bad but we're talking about 100k trucks and suvs, a lot of owners of which were struggling before the cost of living skyrocketed.
>>29116712>Anon it is the oversupply of money is what has caused this crisis.Also you're right and globalization is normalizing our living standards closer to the rest of the world and it's going to be a hard wake up call for a lot of Americans.
>>29116560Talk about sour grapes. You going into a thread about people paying their car off, and then do nothing but seethe.
>>29115616Good job anon. Beware of spiteful mutants like this:>>29115632
I don’t believe people are getting theee magic low apr loans. I’ve 20 years of payments, touching 800 credit score, and the “deals” I get are 12.5% on cars 20s for private loans and cc.What you got your card at a decade ago doesn’t fucking matter. It’s like my mom saying anything over 8% is a scam even though she got that in the 80s. It doesn’t exist now imo.
>>29117531Brown hands typed this post, 825 credit score btw
>>29117539NTA>Wht / blu>Upper 30s>Never had a credit card or loan>Probably don't have a credit score>On my 7th manual enthusiast meme carI don't believe in gamifying the economic system. The idea that you're now required to go into debt to get ahead is bullshit. If you want something, pay for it. All of those cars (2 new even, 1 with 4k miles) were paid in full with a personal check day one.
I also just paid off my loan after realizing some stock market gains last week. Now I'm looking at ATVs for ice fishing, thinking of a Yamaha or Suzuki
>>29117541It’s not my fault you’re retarded, set a card to autopay and it’s a free 1-5% back depending on the card. Stonks aside my savings account made more back over the term of the loan than the interest on the principal
>>29117545Oh I know how it works. Have more money than the car is worth, get a loan, pay it off while investing the money you could have paid for the car.It's gamification, you know, the jew stuff that people hate.
>>29117547I’m not going to congratulate you for kneecapping yourself.
>>29117549I didn't want you to. Nor am I telling you what to do. I'm not going to congratulate you for having a good goyscore.
>>29117531What you gotta do is just put it on your credit card and pay it off in full every month. Zero interest. Lots of credit card points. Convert points to Amazon gift cards to keep the wife happy... EZPZ
I blocked my exgf yesterday! I know how you feel OP.
>>29115632Anon, what would make the jews happy is if you refinanced it.
>>29116670based
>>29115616Paying off mine tomorrow. Just in time to put it up on jackstands and tear it apart to build into a racecar.
>>29120290
>>29115616Based now trade it in and get something shitty
>>29115623And nothing of value was lost! Based
