topic Re: Auto Loan Paid off! in Auto Loans

Auto Loan Paid off!

Anonymous — Fri, 18 Jun 2021 18:57:54 GMT

Paid off my auto loan a few days ago 1 year earlier than the pay off date of 07/15/2022.

This was my 2nd big purchase (1st one without a cosigner). My first auto loan was a 2004 Honda Civic sedan that I was not excited to get (d/t cosigner being my mother who refused to cosign on a car I actually wanted) and I ended up overpaying for it which made things worse in 2013.

After 3 years I traded it in for a 2014 Ford Fusion Titanium which I LOVED after the first drive. Now I can put those monthly payments to my student loans and pay those off even faster. I look forward to be being debt free in 8 years except for my new mortgage.

Re: Auto Loan Paid off!

sccredit — Fri, 18 Jun 2021 19:01:53 GMT

Congratulations!!

Re: Auto Loan Paid off!

Save-n-Invest — Sat, 19 Jun 2021 18:52:44 GMT

Congrats!

Enjoy that paid for ride.

Re: Auto Loan Paid off!

Mr_Mojo_Risin — Sat, 19 Jun 2021 22:30:38 GMT

@Anonymous wrote:
Paid off my auto loan a few days ago 1 year earlier than the pay off date of 07/15/2022.

This was my 2nd big purchase (1st one without a cosigner). My first auto loan was a 2004 Honda Civic sedan that I was not excited to get (d/t cosigner being my mother who refused to cosign on a car I actually wanted) and I ended up overpaying for it which made things worse in 2013.

After 3 years I traded it in for a 2014 Ford Fusion Titanium which I LOVED after the first drive. Now I can put those monthly payments to my student loans and pay those off even faster. I look forward to be being debt free in 8 years except for my new mortgage.

This a great accomplishment.

Getting it wrapped up a year early is some cool news. Congratulations!

Re: Auto Loan Paid off!

Anonymous — Tue, 22 Jun 2021 17:25:15 GMT

Thanks for the kind words everyone!

I owe it to this community!