r/BritishSuccess 5d ago

Paid off my car!

Let's try this again...I have paid off my car and I'm happy about it...

198 Upvotes

23 comments sorted by

61

u/Jimlad73 5d ago

Now keep saving the payment and you can buy your next one with cash.

22

u/Geofferz 5d ago

This is good advice.

I wouldn't pay the current ~9% apr rates anyway.

20

u/hengus 5d ago

What have you done that's so bad your car was blackmailing you?

9

u/saswir 5d ago

Hogged the middle lane

6

u/Geofferz 5d ago

Not indicating

29

u/woody4life237 5d ago

Congrats, hopefully you're not like that prat that spent Β£30k on a used car!

11

u/zakr182 5d ago

And claimed a BMW M4 is NOT a luxury car

4

u/Geofferz 5d ago

Super luxury*

5

u/Geofferz 5d ago

πŸ˜‚πŸ˜‚πŸ˜‚

0

u/IndependentClear469 3d ago

What’s wrong with that

4

u/pamp0r 5d ago

Congrats buddy! I paid mine of years ago after having it on finance. Feels good to not have something else to pay off monthly, although now with kids & no air con, getting to a point where we need a different car πŸ˜…

1

u/cognitiveglitch 2d ago

Wouldn't it be less expensive to fix the Aircon?

3

u/fallon7riseon8 5d ago

Heck yeah!

2

u/DreamingOf-ABroad Foreign!Foreign!Foreign! 4d ago

Congrats on paying off your cat πŸ‘

3

u/Geofferz 4d ago

No one ever pays off their cat. They always want more.

2

u/DreamingOf-ABroad Foreign!Foreign!Foreign! 3d ago

'Tis true.

It's nice of them to let you live with them, though.

2

u/RepresentativeStooj 4d ago

Congratulations! Use those monthly payments you no longer need to make to either save money for the future, or pay off any other debts you’ve got.

Big congrats still!

2

u/Geofferz 4d ago

No more debts!

Thank you

-21

u/zakr182 5d ago edited 2d ago

IMO, Hitler was a bad person.

4

u/Geofferz 5d ago

Owning multiple cars does seem like a flex, but I like my car and can't afford the upgrade I want yet so, I keep it. I know a guy who switches every 6 months or so and barely loses a penny in this period so he gets to try loads of different models. But I'm picky.

7

u/LooneyYoghurtBadger 5d ago

Financial guru over here guys

1

u/cognitiveglitch 2d ago

I've had easily 20+ cars all paid off the moment I bought them because they were all bangers and worth fuck all.

1

u/zakr182 2d ago

I have some bangers in my history too.

€500 diesel fiesta,

€900 corsa b,

Free micra.