Bizarro (4/5/11)

Two more months. That’s how much time it will take my wife and me to pay off our car. Like many young couples, we financed our ride by trading in a beater (my wife got a lecture for driving such a blatantly unsafe vehicle) and scrounging together whatever cash we could. Needless to say, we were saddled with a sky-high interest rate. But give us credit. We made double payments whenever possible, and as a result we’re poised to pay off a seven-year loan in less than four years. That should buy us a whole lot of payment-free driving. Of course, the time will come when we’ll need to upgrade to a kid-friendly vehicle, but when that happens, we’ll be sure to consult a loan officer at our bank before agreeing to whatever ungodly interest rate the dealer would have us pay.

Advertisements

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: