Whats the balance of your car loan???
#1
Lexus Champion
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Whats the balance of your car loan???
Had my car for about 9 months now. Puchased 12/16/06.
My balance is $13,800. I'm starting to HATE having a car payment. I have been car payment FREE for about 4-5 years before purchasing my IS. And I LOVED it. Don't get me wrong I can afford making the payments. I just wonder I can be saving that $330 a month for something else.
Probably in a year or two I will sell my IS and add that to my down payment for a house.
Sometimes I just want to sell my IS and pocket the $16,000 or so and drive around a cheap car and just save money. Who is with me.
My balance is $13,800. I'm starting to HATE having a car payment. I have been car payment FREE for about 4-5 years before purchasing my IS. And I LOVED it. Don't get me wrong I can afford making the payments. I just wonder I can be saving that $330 a month for something else.
Probably in a year or two I will sell my IS and add that to my down payment for a house.
Sometimes I just want to sell my IS and pocket the $16,000 or so and drive around a cheap car and just save money. Who is with me.
#3
prioritize. i'm not saying you should not drive a car you enjoy the most. but what's more improtant to you? Nice car or house? i'm pretty sure you can drive a nice car at a decent lower price. the thing is with lexus you get some nice features that we don't really need.ie, 6 disc cd, ventilated seats. AFS, etc. just my 2 cents.
Hopefully you can keep the car and afford a house since home prices are dropping.
Hopefully you can keep the car and afford a house since home prices are dropping.
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#11
Ditto...real estate appreciates (especially when you enhance it) and cars depreciate (no matter how much you mod it). I know someone who took out equity from his house to buy a car. How dumb is that? You take out money from something that appreciates and put in on something that depreciates. I wish more people would read Money or Fortune magazine.
#13
2IS/2RX/4RX
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Had my car for about 9 months now. Puchased 12/16/06.
My balance is $13,800. I'm starting to HATE having a car payment. I have been car payment FREE for about 4-5 years before purchasing my IS. And I LOVED it. Don't get me wrong I can afford making the payments. I just wonder I can be saving that $330 a month for something else.
Probably in a year or two I will sell my IS and add that to my down payment for a house.
Sometimes I just want to sell my IS and pocket the $16,000 or so and drive around a cheap car and just save money. Who is with me.
My balance is $13,800. I'm starting to HATE having a car payment. I have been car payment FREE for about 4-5 years before purchasing my IS. And I LOVED it. Don't get me wrong I can afford making the payments. I just wonder I can be saving that $330 a month for something else.
Probably in a year or two I will sell my IS and add that to my down payment for a house.
Sometimes I just want to sell my IS and pocket the $16,000 or so and drive around a cheap car and just save money. Who is with me.
let me know when you wanna sell your car
hahahaha......
#14
Ditto...real estate appreciates (especially when you enhance it) and cars depreciate (no matter how much you mod it). I know someone who took out equity from his house to buy a car. How dumb is that? You take out money from something that appreciates and put in on something that depreciates. I wish more people would read Money or Fortune magazine.
Nothing wrong with it as long as you know you can get out from under it if you had to, no need to risk your house.
your house doesn't stop appreciating just cause you take out an equity loan?