Mine, all mine!

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Mar 9, 2012 | 02:01 PM

K.Westra

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From: Luverne, MN

Mine, all mine!

I went the bank and paid the balance of my loan, so the Jag is officially all mine!

Mar 9, 2012 | 02:08 PM

Skid Mark

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From: Mid Atlantis

Congrats Keith! Reducing debt always feels good.
Clark Howard would be proud of you!

Mar 9, 2012 | 02:24 PM

Translator

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From: Brittany France

Spot on Keith.

Now, I suppose that an XKR is on the cards.

Mar 9, 2012 | 02:30 PM

K.Westra

Thread Starter

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Joined: Apr 2009

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From: Luverne, MN

Quote:

Originally Posted by Translator

Now, I suppose that an XKR is on the cards.

Oh, I've been tempted several times, but it would be tough to give up this car in such perfect shape knowing all of its past. Some day I might jump up to a '06 XKR, but I'm keeping this one for a while.

Mar 9, 2012 | 02:41 PM

Gus

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From: Berlin Md.

Kudos!!!

Mar 9, 2012 | 03:01 PM

EZDriver

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From: Holly Lake Ranch, Texas

Yes, I have a 2000 XK8 conv and I feel the same way. After doing those necessary things you get attached to the little Kitty Car. Maybe a 05 or o6 XK8 in the future.

EZDriver

Mar 9, 2012 | 03:14 PM

Norri

Joined: Oct 2007

Posts: 121,073

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From: PHX some of the time

Congratulations!

You can enjoy being free of the payment for a while at least, until you get tempted.

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Mar 9, 2012 | 03:39 PM

Felipe Pr

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From: PUERTO RICO

Nice feeling, enjoy the free ride!!!!

Mar 9, 2012 | 03:45 PM

mjlaris

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Joined: Oct 2010

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From: Denton, TX

Congratulations Keith, it's a great feeling knowing it's all yours.

Mark

Mar 9, 2012 | 03:55 PM

#10

Kevin D

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Joined: Apr 2009

Posts: 811

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From: Baton Rouge, LA

Congrats. Watch out for racoons and vengeful co-workers and you should be OK.

Mar 9, 2012 | 05:34 PM

#11

GGG

Joined: Dec 2011

Posts: 120,439

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From: Durham, UK

Quote:

Originally Posted by K.Westra

I went the bank and paid the balance of my loan, so the Jag is officially all mine!

Keith,

As you get older you'll find it gets easier to pay for cars outright. Only trouble is, everything else gets more difficult!

Graham

Mar 9, 2012 | 05:46 PM

#12

joycesjag

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Joined: Feb 2009

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From: Sunny South Carolina

Congrats Keith!!! Nothing puts a bigger smie on ones face when she's all yours!

I do have to agree with Graham, it sure seems true

Mar 9, 2012 | 06:38 PM

#13

wcnesta

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Joined: Feb 2012

Posts: 562

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From: Saint Marys, GA

Way to go Keith. I was in the same boat as you and had my 2001 XK8 for two years, but got the itch for a XKR and just bought one. I will be selling my XK8 this April to some lucky buyer, as the car is in beautiful shape with low miles and all the options. If I had a bigger garage I would keep both cars.

Mar 9, 2012 | 10:00 PM

#14

JimC64

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Joined: Nov 2006

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From: Glasgow, Scotland UK

congrats Keith and thanks for sharing

Nice to have a few more $$$ free every month to put away for the XKR replacement in future

Mar 10, 2012 | 12:13 AM

#15

Blackhillsjag

Member

Joined: Oct 2011

Posts: 92

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From: Keystone SD

Well done mate, they always run better when they're paid for......he said fingers crossed!

Mar 10, 2012 | 01:12 AM

#16

Abby's Guy

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Joined: Mar 2012

Posts: 255

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From: Klamath Falls, Oregon, USA

Congratulations, Keith! My favorite kind of car, for some time, has been Paid For. I've now added the XKR to my favorites.

Mar 10, 2012 | 03:25 PM

#17

Jon89

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Joined: Jan 2009

Posts: 13,076

Likes: 4,724

From: Raleigh, NC

Congrats, Keith. I agree that buying vehicles with 100% cash is the only way to go. I refuse to take out ANY loan, regardless of how good the terms may look, on any declining asset. And whether we care to admit it or not, cars are declining assets....