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Old 03-08-2007, 10:42 AM   #81
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I'm lucky enough to have gotten myself in the position back in 1990 to pay for my new truck CASH....( had a vehicle with a paid off loan and hit $10,000 on a scratch ticket).....took those 2 and stepped right into a brand new paid off truck .

Since then each month I make a truck payment to MYSELF in MY savings account.

Granted I miss a payment every now and again.... but when I do there is no pressure or impending doom.It will just delay the time of my next new truck.

Then in 4 years or so I take my CASH with MY INTEREST (not losing it to a loan company) and go to the dealer with GREAT bargaining power. CASH IN HAND

So far I have been able to keep this method (knock on wood) and hope to never revert back to giving a bank the interest from MY money.
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Old 03-08-2007, 02:46 PM   #82
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Quote:
Originally Posted by Smokey_Joe
I'm lucky enough to have gotten myself in the position back in 1990 to pay for my new truck CASH....( had a vehicle with a paid off loan and hit $10,000 on a scratch ticket).....took those 2 and stepped right into a brand new paid off truck .

Since then each month I make a truck payment to MYSELF in MY savings account.

Granted I miss a payment every now and again.... but when I do there is no pressure or impending doom.It will just delay the time of my next new truck.

Then in 4 years or so I take my CASH with MY INTEREST (not losing it to a loan company) and go to the dealer with GREAT bargaining power. CASH IN HAND

So far I have been able to keep this method (knock on wood) and hope to never revert back to giving a bank the interest from MY money.

Now that sounds like a great plan! I'm gonna do that tomorrow! Now, which ticket did you buy?
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Old 03-08-2007, 03:36 PM   #83
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[quote=Captain Morgan]
Quote:
Originally Posted by "Smokey_Joe":1aejah16
I'm lucky enough to have gotten myself in the position back in 1990 to pay for my new truck CASH....( had a vehicle with a paid off loan and hit $10,000 on a scratch ticket).....took those 2 and stepped right into a brand new paid off truck .

Since then each month I make a truck payment to MYSELF in MY savings account.

Granted I miss a payment every now and again.... but when I do there is no pressure or impending doom.It will just delay the time of my next new truck.

Then in 4 years or so I take my CASH with MY INTEREST (not losing it to a loan company) and go to the dealer with GREAT bargaining power. CASH IN HAND

So far I have been able to keep this method (knock on wood) and hope to never revert back to giving a bank the interest from MY money.

Now that sounds like a great plan! I'm gonna do that tomorrow! Now, which ticket did you buy?[/quote:1aejah16]

Massachusetts $2 "Twin Spin"
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Old 03-10-2007, 07:34 AM   #84
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I bought a '98 Camry on Wednesday with oodles of help from Wolfe. I'll try and post some pictures this weekend. I am pretty excited over it.
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