Notices
RX-8 Discussion General discussion about the RX-8 that doesn't fit in one of the specialty forums.
Sponsored by:
Sponsored by: CARiD

Car officially paid off - 49,962mi

Old Jan 7, 2008 | 07:47 PM
  #1  
brillo's Avatar
Thread Starter
Go Texas Longhorns!
 
Joined: Apr 2003
Posts: 1,818
Likes: 1
From: Houston, Texas
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; Jan 7, 2008 at 08:45 PM.
Reply
Old Jan 7, 2008 | 07:52 PM
  #2  
chetrickerman's Avatar
Banned
 
Joined: Sep 2007
Posts: 2,643
Likes: 0
From: Waukesha Wisconsin
thats it?
Reply
Old Jan 7, 2008 | 07:54 PM
  #3  
ZoomZoomH's Avatar
Mulligan User
iTrader: (1)
 
Joined: Jan 2003
Posts: 4,612
Likes: 3
From: caddyshack
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
Reply
Old Jan 7, 2008 | 07:55 PM
  #4  
laythor's Avatar
I zoom therefore I am.
 
Joined: Mar 2007
Posts: 4,919
Likes: 12
From: San Jose, CA
So you just paid it off and want to take on a new loan? I'm confused.
Reply
Old Jan 7, 2008 | 07:56 PM
  #5  
Easy_E1's Avatar
Registered
iTrader: (2)
 
Joined: Sep 2005
Posts: 7,675
Likes: 5
From: Bellevue WA
Congratulations Brillo.

Large down payment helps too.
Reply
Old Jan 7, 2008 | 07:57 PM
  #6  
Huskyfan23's Avatar
Registered User
 
Joined: Aug 2006
Posts: 817
Likes: 0
From: Connecticut
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.
Reply
Old Jan 7, 2008 | 07:58 PM
  #7  
ZoomZoomH's Avatar
Mulligan User
iTrader: (1)
 
Joined: Jan 2003
Posts: 4,612
Likes: 3
From: caddyshack
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?
Reply
Old Jan 7, 2008 | 08:08 PM
  #8  
j67345's Avatar
Registered
 
Joined: May 2005
Posts: 1,085
Likes: 0
From: Connecticut
With your extra money now, you can help pay mine the rest of the way off if you want!
Reply
Old Jan 7, 2008 | 08:09 PM
  #9  
TheKDog's Avatar
2007 BB RX8 GT
 
Joined: Sep 2006
Posts: 333
Likes: 1
My 2007 is already paid off.

One reason is that I waited a long time after I paid off my previous car.
Reply
Old Jan 7, 2008 | 08:10 PM
  #10  
nycgps's Avatar
Out of NYC
iTrader: (1)
 
Joined: Jun 2005
Posts: 19,881
Likes: 36
From: Planet Earth
Can you pay for my car now ?
Reply
Old Jan 7, 2008 | 08:14 PM
  #11  
WAR CRUNK's Avatar
U.S ARMY 11B
 
Joined: Nov 2007
Posts: 455
Likes: 0
From: I AM THE INFANTRY FOLLOW ME!
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?
Reply
Old Jan 7, 2008 | 08:41 PM
  #12  
dmc27's Avatar
doin' the bull dance
 
Joined: Mar 2006
Posts: 3,174
Likes: 2
From: Quahog, RI
congrats brillo.


the 3 is a cool ride. were you thinking hatch or 4 door?
Reply
Old Jan 7, 2008 | 08:43 PM
  #13  
enforcer's Avatar
Registered User
 
Joined: Nov 2006
Posts: 1,432
Likes: 0
From: Brisbane
Sell it the day it runs out of warranty....
Reply
Old Jan 7, 2008 | 08:44 PM
  #14  
brillo's Avatar
Thread Starter
Go Texas Longhorns!
 
Joined: Apr 2003
Posts: 1,818
Likes: 1
From: Houston, Texas
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
Reply
Old Jan 7, 2008 | 08:48 PM
  #15  
dmc27's Avatar
doin' the bull dance
 
Joined: Mar 2006
Posts: 3,174
Likes: 2
From: Quahog, RI
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.
Reply
Old Jan 7, 2008 | 09:54 PM
  #16  
Razz1's Avatar
Mu ha.. ha...
 
Joined: Aug 2004
Posts: 14,361
Likes: 3
From: Cali
Yoy beet the 50k mark.

Yee Haw!
Reply
Old Jan 7, 2008 | 10:03 PM
  #17  
Brettus's Avatar
Boosted Kiwi
iTrader: (2)
 
Joined: Apr 2006
Posts: 20,853
Likes: 1,806
From: Y-cat-o NZ
Sorry for being an *** and a killjoy but
Money 101 ........ Don't borrow money to buy a depreciating asset !!!!
Reply
Old Jan 7, 2008 | 11:38 PM
  #18  
enforcer's Avatar
Registered User
 
Joined: Nov 2006
Posts: 1,432
Likes: 0
From: Brisbane
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...!
Reply
Old Jan 7, 2008 | 11:39 PM
  #19  
Razz1's Avatar
Mu ha.. ha...
 
Joined: Aug 2004
Posts: 14,361
Likes: 3
From: Cali
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?
Reply
Old Jan 8, 2008 | 12:03 AM
  #20  
ZoomZoomH's Avatar
Mulligan User
iTrader: (1)
 
Joined: Jan 2003
Posts: 4,612
Likes: 3
From: caddyshack
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'
Reply
Old Jan 8, 2008 | 12:17 AM
  #21  
tjbourgoyne's Avatar
tjb
 
Joined: Mar 2006
Posts: 877
Likes: 2
From: Louisiana
Good fror you! I hope to be there soon. Now ride it til the wheels fall off and put that money to good use.
Reply
Old Jan 8, 2008 | 12:33 AM
  #22  
rotarygod's Avatar
Registered
 
Joined: Apr 2003
Posts: 9,134
Likes: 26
From: Houston
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.
Reply
Old Jan 9, 2008 | 02:05 AM
  #23  
Brettus's Avatar
Boosted Kiwi
iTrader: (2)
 
Joined: Apr 2006
Posts: 20,853
Likes: 1,806
From: Y-cat-o NZ
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 .....
Reply
Old Jan 9, 2008 | 11:08 AM
  #24  
Rhythmic's Avatar
Laid back in the pocket
 
Joined: Mar 2006
Posts: 522
Likes: 0
From: Blacksburg, VA
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; Jan 9, 2008 at 11:10 AM.
Reply
Old Jan 9, 2008 | 11:11 AM
  #25  
XRX8X's Avatar
more then a Mazda
 
Joined: Jan 2005
Posts: 509
Likes: 0
From: VIRGINIA
lets start a pay my car off club!
Reply

Thread Tools
Rate This Thread
Rate This Thread:
You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -5. The time now is 05:50 PM.