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Old 03-28-2014, 06:23 PM   #4 (permalink)
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Quote:
Originally Posted by BHarvey View Post
Paid off the car in just under 3.5 years and in that time, with what I learned here, I made 4 of those payments for free with the money I saved on fuel vs epa rating. I would have saved more if not running E-0 most of the time...

Thanks.
I actually financed a car, sold the one I had before and used that money to payoff the condo. Back then mortgage interest was 10.5%.

The the wife decides that we need to move and buy another house. another 40k in debt, but it was at 7%. Paid that off in 2 years then built another house with the equity, sold it for $335k and used the gain to build the house we live in now.

Keep up the good work.

regards
Mech
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