KittehKinsMK6
Ready to race!
Good for you! Another 5 years and I'll be golden myself haha!
I don't get it. Why pay if off when your gonna buy the 7? I would just not bothered.
I would have to agree. Paying off a car and turn around to trade it in for a newer model (along with a new loan) doesn't make much sense but whatever.
I don't get it. Why pay if off when your gonna buy the 7? I would just not bothered.
I would have to agree. Paying off a car and turn around to trade it in for a newer model (along with a new loan) doesn't make much sense but whatever.
Because rolling potential negative equity into a new car loan somehow makes sense? Or paying interest at a rate faster than investing can net makes sense?
Just sounds like you're hating to be honest.
OP - Congrats!
Everyone scenario is different... But to pay a car off early just to trade it in is kinda silly because everyday and every mile depreciates your payed-off "investment". If your going to keep your car long term... it may not be a bad ideal.