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Registered
Join Date: Nov 2003
Location: South West Florida
Posts: 2,526
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I paid mine off in 5 years. I had a spreadsheet that I could put in the extra amount I paid each month and it would update my balance, and number of payments left. It gave me some extra incentive to pay as much as I could early. I could see the amount of interest I was saving. It helped me get the wife on board by showing her the actually numbers each month.
I was paying 5% and at the time there was nothing that I could invest in that would give me a guaranteed 5%.
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2000 Boxster S (gone)
1972 911s Targa (sold)
1971 911t coupe roller (sold)
1973 911t coupe / 3.2 (sold)
Gruppe B #057
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