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Own or loan?

Started by AustinBoston, Apr 03, 2007, 02:57 PM

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austinado16

Paid cash for our 20 year old PUP and did all the work myself, so we're sittin' on a gold mine.  Okay.....so we're sittin' on a 20 year old Starcraft that didn't cost much and we're having a blast with.

dademt

Our pup we paid cash for, the TT however we owe on.  Temporary insanity I guess but think it was still worth it.

br9

took loan from credit union got good intrest rate 6.79 percent will pay half off with xmas bonus hope to have rest paid off late next year

Shepherd

We saved up and bought it out right (used but NTU).  Then after saving and having gotten used to having the money in the bank, we got a loan for half of it at 4.75% from the bank and replenished the savings.  I like having a couple months mortgage in the bank and at that % rate with the second home tax write off it balances out.  Or at least in my mind it does  :eyecrazy:   We learned right after college about getting in too much debt so now we only have our mortgage, one kid's braces and the pup that we owe on.  The trucks are paid off, no credit card debt, no other loans.

sacrawf

I need to change my answer...It's paid off now!

cjpoppin

CASH FOR US........Being retired we need to have our play things paid for.....except for the tow truck still working on that!? :yikes:

archer

We learned the hard way....No Debt for anything except the house!!!
We saved our nickles and dimes and paid cash for our 2007 Utah! It really makes the PuP more fun..No burden just a lot of relaxing!!

griffsdad

I paid cash from all the money I won playing poker with my camping friends. Next year we're thinking of getting a diesel pusher. :-()

AZsix

Since we only paid $500 for it we were easily able to pay cash for it. Even if we had to pay more we weren't going to buy anything that we couldn't pay cash for.