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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? |
#2
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Re: Tired of my car payment, what should I do?
pay off half of it now. rest later.
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#3
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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 &%)*#
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#4
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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).
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#5
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Re: Tired of my car payment, what should I do?
get a bike.
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#6
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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.
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#7
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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. |
#8
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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... |
#9
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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] |
#10
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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. |
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