Wednesday, August 13, 2008

Car #1 Paid Off!

It's been a long time coming, but Car #1 is paid off!

Well, the check is in the mail. Chase made me mail a physical check for some ridiculous reason.

I paid $1,787.90 in interest on this car. It pains me to even look at that number. I can't believe how much stupid tax I paid on this car. I paid it off in a little over a year, but this was a FIVE YEAR loan at 8%. I had no idea what I was doing.

Never again will I ask someone else for the title to my car or just sign a loan without knowing what I was getting into.

3 comments:

Debt Dieter said...

Congratulations! It must be a great feeling to have one less debt to worry about. Onward & upward eh? :-)

Anonymous said...

Congratulations

Barb1954

SavingDiva said...

Congratulations!