Totally paid for C6 thread
#1
Le Mans Master
Thread Starter
#7
Miller Time Wisconsin 🍺
Member Since: Oct 2012
Location: The only thing we have to beer is beer itself 🍺
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2022 C7 of the Year Finalist - Modified
C7 of the Year - Modified Finalist 2021
Finalist 2020 C7 of the Year -- Modified
2018 C7 of Year Winner
2017 C7 of Year Finalist
St. Jude Donor '13-'14-'15-'16-'17-'18-'19-'20-'21-'22
Can't drive the Vette for a few more months, so may as well post pics LOL
Paid in full the day I bought it new.
Paid in full the day I bought it new.
#9
Race Director
0% for 36 months when i bought it in March of 2007 so it's been paid for since 2010. Took it to EnglandGreen for a little work after it was paid for.
#10
.
<--------- I own them, not the bank!
lisa
<--------- I own them, not the bank!
lisa
#11
Instructor
Purchased 8/13. Paid cash.
#12
CF Senior Member
Member Since: Feb 2006
Location: Tucson Arizona
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The one and only car I ever financed was back in the mid-1970's and it was outrageous....a $76.87 monthly payment! I pay cash for my cars and I don't flip them every couple years just to have the latest-greatest. I'll keep a good car for many years.
#13
Burning Brakes
About to do cam/headers. Paid it off in 6 mo.
#16
Melting Slicks
It's nice to pay cash, but last year when they were offering free financing, you'd have been better off investing the money and financing the car. Most of my investments made 30-40 pct last year... On a 65g car, that money would have returned around 22g.
I bought my car in March, 2008 and paid cash but the market plunged that year and I was happy to have gotten my car with no payments. Do whatever you think is best since markets are always so volatile.
Currently at 45,000 and climbing - enjoy driving your Corvette!
I bought my car in March, 2008 and paid cash but the market plunged that year and I was happy to have gotten my car with no payments. Do whatever you think is best since markets are always so volatile.
Currently at 45,000 and climbing - enjoy driving your Corvette!
Last edited by SSTEVEGS; 01-26-2014 at 11:42 AM.
#19
Race Director
sorry, no pics. don't know how too post pictures, wish i did. but anyway, bought my 013 nrbm last january and paid it off 4 months later. my wife and i didn't like the $325.00 a month payments.
#20
Corvette Enthusiast
Member Since: Oct 2005
Location: Troy & Dearborn, Michigan
Posts: 5,341
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Mines paid off. I had a 5 year note, but I paid it off after 3 years (lump sum on the final two years).
I came with a hefty down payment so the loan wasn't outrageous to begin with. However to pay it off, I rolled my car loan, student loan, and old mortgage into my new mortgage because I got a lower interest rate (by over a percentage point) and I'm still waaaay right side up on my house (loan is only 55% of the equity)
I came with a hefty down payment so the loan wasn't outrageous to begin with. However to pay it off, I rolled my car loan, student loan, and old mortgage into my new mortgage because I got a lower interest rate (by over a percentage point) and I'm still waaaay right side up on my house (loan is only 55% of the equity)
Last edited by LT1 Z51; 01-26-2014 at 02:54 PM.