Tired of my car payment, what should I do?
 

Ok, I owe about $8,000 or so on my car (It books for about 9-10 I think). I'm paying about $300 a month. I am very tired of it, but I would rather buy a house then trade it in at the moment. I have the money to pay it off but it would be a serious dent in my &*^%* bankroll. While I am 99.9% positive I could build it back up, I'd rather not. I know trading it in (at least getting rid of it) is going to happen.

What should I do that would be the best for me in the long run?

Pay off my car now or keep paying on it until I'm ready to trade it in?

Re: Tired of my car payment, what should I do?
 

pay off half of it now. rest later.

Re: Tired of my car payment, what should I do?
 

It all depends on what bankroll you have, how much you make a month, etc. etc. I'd take as much off of the car as I possiblly could, without compromising &%)*#

Re: Tired of my car payment, what should I do?
 

I'm curious about when I go to trade it in. Will they give me enough for the car for it to be worth paying it off or just waiting to trade it in (within a year or so).

Re: Tired of my car payment, what should I do?
 

get a bike.

Re: Tired of my car payment, what should I do?
 

we need to know what kind of car and the interest rate that you are currently paying.

Re: Tired of my car payment, what should I do?
 

Pay cash for things that depreciate and borrow on things that appreciate.

Find out how much you need to close on a house and then use a good chunk of what is left over to pay down your car.

Re: Tired of my car payment, what should I do?
 

[ QUOTE ]
get a bike.

[/ QUOTE ]

Bestadviceever. I recommend a road bike, like my new one...

http://imagehost.vendio.com/bin/imag...aug16.1001.jpg

Re: Tired of my car payment, what should I do?
 

[ QUOTE ]
I recommend a road bike, like my new one...


[/ QUOTE ]
my own personal advice though, before spending a lot on a nice new shiny one...do you live near klepton? [img]/images/graemlins/tongue.gif[/img]

Re: Tired of my car payment, what should I do?
 

[ QUOTE ]
[ QUOTE ]
I recommend a road bike, like my new one...


[/ QUOTE ]
my own personal advice though, before spending a lot on a nice new shiny one...do you live near klepton? [img]/images/graemlins/tongue.gif[/img]

[/ QUOTE ]

Are you asking the OP??? Cuz I've never even heard of Klepton.