snhrph

Finally!!! After 59 months of painful payments I sent the last check to LFS (Lexus Financial Services) and got the title on Friday!!!

msgs350

iTrader: (2)

Congrats!!!

97JZA80

Congrats, thats always a good feeling to get that piece of paper in your hand.

cssnms

Congrats! It feel's good don't it?! Paid mine off 3 yrs ago and what a feeling of relief. Now try to resist that inherent temptation to want to go buy another car.

Pearlpower

iTrader: (2)

Congrats! Now keep it that way, avoid the temptation to get back into payments. We still enjoy ours and plan up getting something larger-LX570, but only when we can pay cash.

BLUEGXLVCR

I swore off car payments about five years ago. I remember how sick I felt donating several hundred dollars a month to the bank and how good it felt to get that pretty title in the mail.

Congrats on the achievement. Credit score bumpy bump! Score!

Globalinx

I am sure it feels good!!!

snhrph

It feels great to be free from monthly painments!!!

And we will keep the GX for a while. In my wife's words: "I plan to drive this thing into the ground". Hopefully, that will take a looooong while...

I doubt that I will manage to stay payment free for a while - my older son just turned 17, and he has his eye on my 4Runner. So may be in 6 months to a year I'll start looking for a new truck.

lamar411

Congrats!

easgx470

Congrats! Its a great feeling for sure. Sounds like your son will have a nice ride soon as well.

Turbinator

To the OP - congratulations on paying off the car! Did you happen to calculate what you paid in total plus interest?

This is the key - if you can buy the car with cash, then you can afford the car. 0% financing is cool too, if you can get it.

Turby

Lexus 4 ME

Now since your car is paid in full, pay yourself $500 a month and put this into the saving account, untill you have enough cash to buy another car. Maybe its not the smartest way to do but thats how I paid full cash price for my GX. Instead of leasing cars I always buy them and I keep them for atleast 48 month. 48x500$=24k plus the value of the car.

Globalinx

I hate payments, and this is why I only make 1 full payment when buying a car, but this comes also at a cost of buying a previously loved vehicle.

snhrph

Let's see... $600 x 60 = $36000 + $15000 down = $51000. I'm sure its a little more, as there were all sorts of fees tacked on, but $51K is a fairly accurate number.