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Car officially paid off - 49,962mi

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Old 01-07-2008, 07:47 PM
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Car officially paid off - 49,962mi

its cool looking at the title, with 38mi to spare on my warranty

time to decide what the next ride will be as this is now my toy....me thinks a used Mazda3 might be a good choice while I wait for the next RX to come out...

Last edited by brillo; 01-07-2008 at 08:45 PM.
Old 01-07-2008, 07:52 PM
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thats it?
Old 01-07-2008, 07:54 PM
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did you get a 3 year loan or did you just pay extra principals every month?

i wish i have the spare cash to pay off my 8 that quickly
Old 01-07-2008, 07:55 PM
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So you just paid it off and want to take on a new loan? I'm confused.
Old 01-07-2008, 07:56 PM
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Congratulations Brillo.

Large down payment helps too.
Old 01-07-2008, 07:57 PM
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You do know that most (if not all) 2004 RX8's had their powertrain warranties extended to 60,000 mi, don't you? Seems to me like you have 10,038 miles left on your warranty.
Old 01-07-2008, 07:58 PM
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Originally Posted by laythor
So you just paid it off and want to take on a new loan? I'm confused.
yeah seriously, if there's no problem with your car why get another?
Old 01-07-2008, 08:08 PM
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With your extra money now, you can help pay mine the rest of the way off if you want!
Old 01-07-2008, 08:09 PM
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My 2007 is already paid off.

One reason is that I waited a long time after I paid off my previous car.
Old 01-07-2008, 08:10 PM
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Can you pay for my car now ?
Old 01-07-2008, 08:14 PM
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Originally Posted by brillo
its cool looking at the title, with 38mi to spare on my warranty

time to decide what the next ride will be as this is now my toy....me thinks a used Mazda3 might be a good choice while I wait for the next RX t come out...
whats a rx t?
Old 01-07-2008, 08:41 PM
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congrats brillo.


the 3 is a cool ride. were you thinking hatch or 4 door?
Old 01-07-2008, 08:43 PM
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Sell it the day it runs out of warranty....
Old 01-07-2008, 08:44 PM
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I want a daily driver, not getting rid of the 8, but to really have some fun with the car it helps to have a daily so I can work on the car at my own pace and not worry about having to get to work on Monday.

3 year loan and large down payment helps
Old 01-07-2008, 08:48 PM
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Originally Posted by enforcer
Sell it the day it runs out of warranty....
no need. just use some of the $$$ now freed up to buy a spare engine or two.
Old 01-07-2008, 09:54 PM
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Yoy beet the 50k mark.

Yee Haw!
Old 01-07-2008, 10:03 PM
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Sorry for being an *** and a killjoy but
Money 101 ........ Don't borrow money to buy a depreciating asset !!!!
Old 01-07-2008, 11:38 PM
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Originally Posted by dmc27
no need. just use some of the $$$ now freed up to buy a spare engine or two.
Having paid of his car so quickly, he'll now have a lot of $$$ spare...!
Old 01-07-2008, 11:39 PM
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Originally Posted by Brettus
Sorry for being an *** and a killjoy but
Money 101 ........ Don't borrow money to buy a depreciating asset !!!!
Then you wouldn't be an American.. Maybe an Aussie?
Old 01-08-2008, 12:03 AM
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isn't the whole point of an RX-8 is that it's a 'trackable daily driver'

kinda defeating the purpose of the car by making it a 100% 'fun toy'
Old 01-08-2008, 12:17 AM
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Good fror you! I hope to be there soon. Now ride it til the wheels fall off and put that money to good use.
Old 01-08-2008, 12:33 AM
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Originally Posted by Brettus
Sorry for being an *** and a killjoy but
Money 101 ........ Don't borrow money to buy a depreciating asset !!!!
As a VP at a bank (and I don't mean a small branch location), Brillo knows Money 101 in his sleep. He's way past that point. He teaches Money 101 when he gets bored and finds watching paint dry to be too much effort and needs something easier to do.
Old 01-09-2008, 02:05 AM
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Originally Posted by rotarygod
As a VP at a bank (and I don't mean a small branch location), Brillo knows Money 101 in his sleep. He's way past that point. He teaches Money 101 when he gets bored and finds watching paint dry to be too much effort and needs something easier to do.
Be interested to know why he borrowed money to buy a low priced sports car then .....
Old 01-09-2008, 11:08 AM
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Probably the same reason 99% of us did. No $30K in savings to throw down on a car. He probably had a pretty decent interest rate too, and over just 3 yrs. that's not throwing (much) money away, especially if he invested some to balance out interest payments. For all we know he put money down on a house or something instead of using it to buy his 8 straight up, which would equal a pretty wise move in my humble opinion.

Last edited by Rhythmic; 01-09-2008 at 11:10 AM.
Old 01-09-2008, 11:11 AM
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lets start a pay my car off club!


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