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Everyone keeps asking about car price....

0% interest is good but owing money on things still feels weird

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Old 04-03-2014, 09:21 PM   #31 (permalink)
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0% interest is good but owing money on things still feels weird
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Old 04-03-2014, 09:22 PM   #32 (permalink)
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it's like... i drive this car but i haven't fully bought it yet

or if it's a lease then... i drive this car but it's not mine

same with mortgages... i live in this house but i haven't bought it yet

doesn't make sense in my mind lol
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Old 04-03-2014, 09:25 PM   #33 (permalink)
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but tbh nothing is really yours, dont pay taxes =
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Old 04-04-2014, 12:25 AM   #34 (permalink)
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paying off a house is a bit harder though we personally toss 300 or more each month towards the house as well. 30 years is along time, 20 or less sounds better!
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Old 04-04-2014, 01:58 PM   #35 (permalink)
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Quote:
Originally Posted by KramChaos View Post
$420 a month, 5 years, 0% interest. I haven't been paying it off early due to the 0% interest, but I have been considering it since I hate debt
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Originally Posted by happydog View Post
0% interest is good but owing money on things still feels weird
I agree, but with 0% it kinda depends. If you had enough to pay it off, would you be better off investing it? But of course, that's a risk. Unfortunately things like money market accounts and other safe investments don't pay jack now. But I digress...

I guess another way to look at it is to pay off the car before you start modding heavily. I wouldn't want to throw too much money at something that the bank could just take away from me.
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Old 04-09-2014, 01:41 PM   #36 (permalink)
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Originally Posted by Chuck33079 View Post
So, you'll end up paying $30,096 for the car with the warranty and $26424 without? The warranty is $3672?
im honestly not sure. my dad about killed me when i told him i got an extended warranty from the dealership. I know what its like to have an unexpected problem with a car and how much of an inconvenience it is so i did it in hopes of protecting my *** due to some sort of issue. especially after reading all the threads about problems these cars have before buying.

think it was a stupid idea?
ive never kept a car a full 7 years
id like to think this will be the first but im not sure
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Old 04-09-2014, 01:48 PM   #37 (permalink)
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Originally Posted by ZackMorris View Post
im honestly not sure. my dad about killed me when i told him i got an extended warranty from the dealership. I know what its like to have an unexpected problem with a car and how much of an inconvenience it is so i did it in hopes of protecting my *** due to some sort of issue. especially after reading all the threads about problems these cars have before buying.

think it was a stupid idea?
ive never kept a car a full 7 years
id like to think this will be the first but im not sure
You would have been better off with a savings account. Unfortunately, your dad was right. You're paying interest on an extended warranty. You should be sure about what you pay for things going forward. Give the warranty company a call and see what your options are for getting out of it. From the numbers you gave, you spent 13.9% of the purchase price of the car on an extended warranty.
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Old 04-09-2014, 02:06 PM   #38 (permalink)
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$389 for 52 more months with 2.3%...think I put like 2500 down payment on a 27500, but I need another car now...thinking I might have 2 car notes starting in June/July timeframe...
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