It's Dead, She killed it.

matrix76 · 06-15-2011, 12:35 PM

What you ask, my monthly payment is gone, DEAD, she killed it.

Car got paid off today. I married the perfect woman who made it her mission to kill the car payment as soon as she could. Today she sent in the final payment, just over two years earlier than it was financed for.

What a woman,

The ironic thing is that she did that before BMW was able to clear all the bugs out of the car, still working on those.

apc3libras · 06-15-2011, 01:01 PM

Congrats!

raihansdg · 06-15-2011, 01:02 PM

i like!

jeremicium · 06-15-2011, 01:26 PM

Sugar mama?

matrix76 · 06-15-2011, 01:34 PM

Quote:

Originally Posted by jeremicium

Sugar mama?

I wish, she just manages money very well.

coolchu001 · 06-15-2011, 01:46 PM

congrats on paying it off, took me 16 months

matrix76 · 06-15-2011, 01:47 PM

Quote:

Originally Posted by coolchu001

congrats on paying it off, took me 16 months

It's a nice feeling seeing that payment gone,

ALLLRIGHTYTHEN · 06-15-2011, 01:55 PM

Awesome! Now that you have the extra money, send it to me so I can pay mine off sooner.

Dvdman · 06-15-2011, 01:58 PM

Does she have a sister?

FVM3 · 06-15-2011, 02:23 PM

congrats

matrix76 · 06-15-2011, 02:23 PM

Quote:

Originally Posted by sleepyx637

so...you're bragging because she wears the pants and is the breadwinner? i'd be a bit ashamed if it was me...

Actually she is retired. And I am still the bread winner and wear the pants.

She is just a much better manager of money than I am. And yes, I am bragging about that, and I mean her

matrix76 · 06-15-2011, 02:25 PM

Quote:

Originally Posted by Devestator

Does she have a sister?

No, but her brother is available.

XDEEDUBBX · 06-15-2011, 02:25 PM

whats her brothers name? lol

syncro · 06-15-2011, 02:28 PM

Bought used, paid cash, no bills lol

sleepyx637 · 06-15-2011, 02:34 PM

Quote:

Originally Posted by matrix76

Actually she is retired. And I am still the bread winner and where the pants.

She is just a much better manager of money than I am. And yes, I am bragging about that, and I mean her

You got lucky -- congrats

Also, I don't know where your pants are.

matrix76 · 06-15-2011, 02:39 PM

Quote:

Originally Posted by sleepyx637

You got lucky -- congrats

Also, I don't know where your pants are.

Fixed

bulldog_yyc · 06-15-2011, 02:47 PM

Quote:

Originally Posted by syncro

Bought used, paid cash, no bills lol

best way to go

my next ride will be purchased with cash, from the US too

Although I cant complain - financed at 0% with 18 months or so of pmts left...

SHOWTIME · 06-15-2011, 03:13 PM

Milk it as much as you can...don't worry about what anybody else says lol

07GraphiteXI · 06-15-2011, 04:51 PM

Quote:

Originally Posted by turkish335

best way to go

my next ride will be purchased with cash, from the US too

Although I cant complain - financed at 0% with 18 months or so of pmts left...

Financing at 0% for 18 months makes more financial sense than paying with cash. Time value of money...

JimKW · 06-15-2011, 05:30 PM

Get her to work on the Mortgage now. We bought the 06 and didn't finance at all, but not much money left in the bank either. Just got done refinancing the house today at 3.95% fixed for 15 years. Payment will be about the same as we had on combined 1st and 2nd, but the house is paid off 6.5 years sooner.

John 070 · 06-15-2011, 06:20 PM

I've only been a homeowner for 8 1/2 years. About 3 yrs. into it I had an older female coworker who told me she regrets not having paid more toward her mortgage, and she's looking at 50 by the time it's paid off (she was like early 40's). So I learned from her that it's not a bad thing if every extra penny goes to pay down that debt. Thanks to her in 2009 I refi'd and went to a 15 yr., and have done $1000/mo. extra ever since. That should take 3 1/2 years off the mortgage and save 47k in interest. $1000/mo. could almost get a 750i leased--which would I rather have? The 3 1/2 yrs. off and 47k savings.

Moral of the story, well, you probably don't have a mortgage since your lady is retired, but to anybody else, getting rid of debt may mean doing without new things all the time, but it's not a bad thing.

John 070 · 06-15-2011, 06:32 PM

Quote:

Originally Posted by 07GraphiteXI

Financing at 0% for 18 months makes more financial sense than paying with cash. Time value of money...

It takes discipline. We all read about jack and the beemstalk. Many people do the 0%, and either spend or INVEST the cash they would have put down? If you INVESTed the cash anytime over the last 7 weeks, how big of a hole did you dig for yourself? And over the long term, if you did anything like that over the last 3, 5, or 10 years, doubtful you beat that low interest rate with your INVESTment. Those avgs. were roughly 0.9, 3.3, and 2.6 respectively if you want to take the S&P 500. How good does a 2.9% or 3.9% car loan look now, over the last decade? That loan is used to push product, just as a lease is used by the mfg.

06-15-2011, 12:35 PM	#1
matrix76 Major 61 Rep 1,300 Posts Drives: 2020 Z4 M40i Black/Red Join Date: Sep 2009 Location: Port Dover, Ontario iTrader: (1)	It's Dead, She killed it. What you ask, my monthly payment is gone, DEAD, she killed it. Car got paid off today. I married the perfect woman who made it her mission to kill the car payment as soon as she could. Today she sent in the final payment, just over two years earlier than it was financed for. What a woman, The ironic thing is that she did that before BMW was able to clear all the bugs out of the car, still working on those. __________________ Brian Black Sapphire, Black w/Burrwood Trim & Shifter, 162's, Mtec H8 AE's, DS1 HID 6000K
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06-15-2011, 01:01 PM	#2
apc3libras Lieutenant Colonel 35 Rep 1,691 Posts Drives: E36 M3 Join Date: Nov 2010 Location: UTAH iTrader: (3) Garage List 1999 BMW M3 [4.00]	Congrats! __________________ 2007 BMW 328I Monaco Blue /// 1999 BMW M3 Titanium Silver /// 2007 BMW 328I Sparkling Graphite (sold)
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06-15-2011, 01:02 PM	#3
raihansdg Private First Class 16 Rep 155 Posts Drives: BMW M5 Join Date: Oct 2009 Location: Maryland iTrader: (2)	i like!
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06-15-2011, 01:26 PM	#4
jeremicium Major 171 Rep 1,178 Posts Drives: 2011 E92 328i Join Date: May 2009 Location: Tacoma, Wa. USA iTrader: (0) Garage List 2011 BMW 328i [0.00] 2009 Porsche Cayman S [0.00] 2016 BMW M2 [0.00] 2001 Honda S2000 [0.00]	Sugar mama?
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06-15-2011, 01:46 PM	#6
coolchu001 Lieutenant 47 Rep 583 Posts Drives: 09 BMW 335d Join Date: Aug 2009 Location: OH iTrader: (30)	congrats on paying it off, took me 16 months __________________
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06-15-2011, 01:55 PM	#8
ALLLRIGHTYTHEN Second Lieutenant 12 Rep 246 Posts Drives: 2007 Silver 335i Sedan Join Date: Apr 2010 Location: Wesley Chapel, Florida, USA iTrader: (2)	Awesome! Now that you have the extra money, send it to me so I can pay mine off sooner.
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06-15-2011, 01:58 PM	#9
Dvdman Major 168 Rep 1,000 Posts Drives: 2022 X5 and 2007 M6 Join Date: Aug 2009 Location: Chicago, IL iTrader: (2)	Does she have a sister?
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06-15-2011, 02:23 PM	#10
FVM3 Major General 273 Rep 5,751 Posts Drives: e92 m3, f30 328i Join Date: Sep 2010 Location: Los Angeles iTrader: (2)	congrats
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06-15-2011, 02:25 PM	#13
XDEEDUBBX Lieutenant Colonel 64 Rep 1,715 Posts Drives: 535I Join Date: Mar 2009 Location: Los Angelz iTrader: (11)	whats her brothers name? lol __________________ Click here to join the >>>>https://www.facebook.com/groups/socal535f10crew/
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06-15-2011, 02:28 PM	#14
syncro Private First Class 10 Rep 190 Posts Drives: 335i (E92)/ 340i MPE (F30) Join Date: Nov 2010 Location: B town iTrader: (0)	Bought used, paid cash, no bills lol
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06-15-2011, 03:13 PM	#18
SHOWTIME Lieutenant 42 Rep 586 Posts Drives: 2011 335i Coupe M-Sport Join Date: Apr 2007 Location: Westchester, NY iTrader: (0)	Milk it as much as you can...don't worry about what anybody else says lol
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06-15-2011, 05:30 PM	#20
JimKW Private First Class 12 Rep 188 Posts Drives: 06 BMW 330xi Join Date: May 2011 Location: Sunbury, OH iTrader: (0)	Get her to work on the Mortgage now. We bought the 06 and didn't finance at all, but not much money left in the bank either. Just got done refinancing the house today at 3.95% fixed for 15 years. Payment will be about the same as we had on combined 1st and 2nd, but the house is paid off 6.5 years sooner. __________________ 2008 Space Grey BMW 535XI Wagon 2006 Alpine White/Terra Cotta BMW 330xi 2000 Red Crownline 180BR - Lil Red 2003 Dark Blue Toyota 4Runner V8
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06-15-2011, 06:20 PM	#21
John 070 Lieutenant General 1705 Rep 14,829 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	I've only been a homeowner for 8 1/2 years. About 3 yrs. into it I had an older female coworker who told me she regrets not having paid more toward her mortgage, and she's looking at 50 by the time it's paid off (she was like early 40's). So I learned from her that it's not a bad thing if every extra penny goes to pay down that debt. Thanks to her in 2009 I refi'd and went to a 15 yr., and have done $1000/mo. extra ever since. That should take 3 1/2 years off the mortgage and save 47k in interest. $1000/mo. could almost get a 750i leased--which would I rather have? The 3 1/2 yrs. off and 47k savings. Moral of the story, well, you probably don't have a mortgage since your lady is retired, but to anybody else, getting rid of debt may mean doing without new things all the time, but it's not a bad thing.
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