No More Car Payments!

"FTTOHG Has Moved to https://opposite-lock.com" (alphaass)
10/13/2018 at 19:55 • Filed to: SUBARU

Just finished paying off my ‘14 Forester. Bought it CPO in October 2015 so I used 36 of the 60 month loan. It joins our ‘13 Outback in the lien-free club. Feels good but will feel even better if the bank gets the title to me by the end of the month so I can get it registered here in NM before my TX tags expire.

DISCUSSION (11)

MiniGTI - now with XJ6 > FTTOHG Has Moved to https://opposite-lock.com
10/13/2018 at 20:08

Just paid off my GTI recently. First time I’ve been debt free except the house since 2000. Only problem is now I have two MY 2013 German cars both with about 75k.

Which will last longer??? The MINI or the VW? So far the MINI is most reliable car we’ve had in a long time and GTI is most unreliable car we’ve ever owned.

BeaterGT > FTTOHG Has Moved to https://opposite-lock.com
10/13/2018 at 20:50

Congrats!

I own dead car brands only > FTTOHG Has Moved to https://opposite-lock.com
10/13/2018 at 20:51

Wow impressive. How do you do that? Pay more principal each month?

FTTOHG Has Moved to https://opposite-lock.com > BeaterGT
10/13/2018 at 21:52

Thanks!

FTTOHG Has Moved to https://opposite-lock.com > MiniGTI - now with XJ6
10/13/2018 at 21:54

On the plus side if you get fed up with repairs you have a title in hand to sell one quickly. FWIW I’ve heard the Mk7 GTIs are a lot more reliable if you want to stick with VW.

FTTOHG Has Moved to https://opposite-lock.com > I own dead car brands only
10/13/2018 at 22:05

Actually I was just making the payment every other week until today. It was 1.65% on an original principal of around $16k so payments were about $130 /biweekly and I didn’t have a lot of incentive to pay it early. But I was looking at my savings and just decided it wouldn’t hurt too much to pay the final $6,7 00 today and be done with it. The Outback we paid off 48 months into 60 and did a little weird. I had it on autopay from a bank account that I set up just for that car. I was putting about $10 0 more than the payment into the account to have some money in there for repairs, but the car didn’t need anything and in 4 years that grew into enough to pay off the final year.

MiniGTI - now with XJ6 > FTTOHG Has Moved to https://opposite-lock.com
10/13/2018 at 22:15

True that, but there’s a good chance I’ll be back to two car payments someday

Actually thinking of replacing the VW with a Model 3 if a Tesla is still in business long enough to bring out the cheaper models next year that I can barely afford.

FTTOHG Has Moved to https://opposite-lock.com > MiniGTI - now with XJ6
10/13/2018 at 22:53

I was looking at Model 3’s on Tesla’s website this morning and couldn’t configure one that I liked for under $6 0k then I realized that used Model S P85’s are selling for under $40k now and got seriously tempted.

MiniGTI - now with XJ6 > FTTOHG Has Moved to https://opposite-lock.com
10/13/2018 at 23:32

I actually put the $1000 deposit about a month after they announced so I’d have the option to order early adopter style but now with our 18 month son who wasn’t even a glint in my eye at the time even the most poverty spec models supposedly coming out next year are really at the upper limit of what I can afford. But Doug and Mr. Regular only made me want it more.

davesaddiction @ opposite-lock.com > FTTOHG Has Moved to https://opposite-lock.com
10/15/2018 at 11:27

Nice! Great feeling.

FTTOHG Has Moved to https://opposite-lock.com > davesaddiction @ opposite-lock.com
10/15/2018 at 11:37

Thanks!