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I know its probably not a big deal for people here but having title in hand is so amazing for me and wanted to share my joy with fellow owners! Hope you all have an awesome day!!
Huge congrats! I was very fortunate to be able to drop a money order when I bought mine. Kind of surreal. Just today picked up the title to my motorcycle. I was more excited to get that than my Corvette title.
Huge congrats! I was very fortunate to be able to drop a money order when I bought mine. Kind of surreal. Just today picked up the title to my motorcycle. I was more excited to get that than my Corvette title.
And don't ever finance another one!
NEVER!
Congratulations.
Why? It depends on the situation. I just bought a living room set. Totally financed. Sure, there is a downpayment but why not? I have 12 months to pay it off. I can make equal monthly payments or minimum payments and a balloon payment. Regardless, it is INTEREST FREE. They used to have interest free financing. If so, why not? The money is better in MY pocket than your pocket.
Why? It depends on the situation. I just bought a living room set. Totally financed. Sure, there is a downpayment but why not? I have 12 months to pay it off. I can make equal monthly payments or minimum payments and a balloon payment. Regardless, it is INTEREST FREE. They used to have interest free financing. If so, why not? The money is better in MY pocket than your pocket.
I agree, from a financial savviness perspective it only takes a quick calculation between current interest rates / finance cost vs what you estimate your investment return would be on that $ amount.
Personally, I find it enough a PITA purchasing cars out of state (which is most always the case with me) without the added hassle of a loan and making monthly payments,
Congratulations. I felt accomplishment like that when I managed to finally get Carvana to fix their mistake and get my credit union a title after 1 year. Hoping to be the next one to get it!