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Hawk
05-21-2008, 03:50 PM
I just got an envelope from the DMV today, with a nice certificate.

"No liens" hahaha!

Yep, I am now the owner of a 2003 Mustang mach 1. :bcl: :thumbs: :bna

R03Mach
05-21-2008, 07:26 PM
Congrats Hawk! Now you can start modding it. J/K I don't see many Machs on the road anymore, so I guess people have either wrecked or stored them. Besides my '55 chevy (totaled in 1973), the '03 Mach1 is the only car I've not wanted to trade in for a newer model. It's pushing 5 years since we bought it and whenever I walk into the garage and see it, I think to myself, "That could be the most beautiful Mustang that Ford ever sold to the general public". I may be biased, but there is something about the '03-'04 Mach that is unique to me. Again, congratulations on owning something special.

martysmachone
05-21-2008, 07:29 PM
NIIIICCCE :thumbs: I have only 8 payments left, and at 0% I'm just gonna take the whole 8 months. Sure will be nice not to have to pay any more for a 5 months of evenings and weekends car :bcl:
Congrats Hawkster!!

chuckspeed
05-22-2008, 03:09 AM
Congrats, man!

Had an epiphany about trn years back when I discovered the PMT function in excel; analyzed the bill stack and realized almost half of my income went to banks in the form of interest payments. We paid off all the plastic,then the cars. The net effect was like giving the household a $20,000 raise!

Don't be a modern-day slave (literally) to EZ monthly payments; if you don't have the $$ for something - don't buy it!

Ten years later, I can pay cash for just about anything I want - including a Ford GT - but the cash basis discipline has taught the difference between want and need. Don't need much - so I'm no longer in debt.

Mach was paid off a few months after purchase; was the last car any interest payments were made on. Nothing new really interests me, and if I can post up a low 12/high 11, then it will still be ahead of 99.9 percent of the 2008 production vehicles.

Hawk
05-22-2008, 04:13 AM
Generally, I agree with ya. I coulda paid cash for it, but the money was cheap (then), and I wanted to keep a cash reserve for the unknown. I paid almost half down, and got a loan for 4 yrs for a few %.

The only dept I have now is mortgage. I keep the cards paid off every month, and don't buy the latest TV or gadget. In the immortal words of Clint E. - "A man's got to know his limitations".

MIB
05-22-2008, 06:32 AM
Congrats John ... It's a great feeling. :beer:

fstltlfkr
05-22-2008, 05:41 PM
Congrats on owning her scott free finally, I still owe 16 months! With all the money I have poured into mine modding it I could of paid for the car 2 times, lol!

mhazelwd
05-23-2008, 02:17 PM
that is great! I am pretty close to there as well :alc:

geoffav
05-23-2008, 05:36 PM
Congrats, strangely I still have a few $$$ owed on the 03 but the 04 is all mine.

Feels great NOT sending payments for a car.

C.W.
05-23-2008, 06:03 PM
way to go rocket man. got mine paid off about 6 months ago, now if i ever get around to having the title put in my name i'll be doing good.

Lonestar
05-23-2008, 08:54 PM
Congrats!



LS :bcl:

Charles236
05-25-2008, 04:13 AM
It is a great feeling to OWN a car and not have any payments. I paid my Mach off in February this year. I agree about cutting out as much intrest as possible, I paid off my house several years early, and the Mach five months early. Saved a fair amount of money by cutting the length of the payments down.

bad8511
05-28-2008, 07:47 AM
I just got an envelope from the DMV today, with a nice certificate.

"No liens" hahaha!

Yep, I am now the owner of a 2003 Mustang mach 1. :bcl: :thumbs: :bna


Same here. Feels good huh?

DTMach1
07-06-2008, 01:24 PM
Sweeet Dude! I'm pretty close myself. Should be paid off about 7 mos early too :)

Hawk
07-06-2008, 04:47 PM
Back in town, Sailor? ;)

DTMach1
07-06-2008, 07:16 PM
Back in town, Sailor? ;)

yup for a couple more weeks...then off again for a bit...and back for the entire month of august.