Im paying her off today - Ranger-Forums - The Ultimate Ford Ranger Resource

General Ford Ranger Discussion General discussion of the Ford Ranger that does not fit in any other sub-forum.

LinkBack Thread Tools Search this Thread
Old 08-18-2008
n0thing43's Avatar
Thread Starter
Join Date: May 2007
Location: Cleveland, OHIO
Posts: 66
Im paying her off today

Im excited to say that I'll be paying off my Ranger today! I took delivery April 29th 2004, and now she's all mine!.. It will be nice not to have the payment anymore. Im honestly surprised I still have this Ranger, usually end up trading vehicles in every couple years. I think I'll be keeping this Ranger though, I hope the long term reliablity is better then the initial quality was! Now I have money for a Harley Davidson, or maybe a nice used Jeep Wrangler?...
Reply With Quote
Old 08-18-2008
john93rangerstx's Avatar
Join Date: Mar 2008
Location: WARWICK RI
Posts: 895
that will be nice extra money now
Reply With Quote
Old 08-18-2008
Silver's Avatar
Join Date: Jun 2006
Location: edenton,nc
Posts: 2,708
Reply With Quote
Old 08-18-2008
Machine090767's Avatar
RF Veteran
Join Date: May 2006
Location: Minnesota
Posts: 6,410
Reply With Quote
Old 08-18-2008
zabeard's Avatar
iTrader: (8)
Join Date: Nov 2004
Location: IN
Posts: 26,045
sweet, it will feel even better when the title comes in the mail!
Reply With Quote
Old 08-18-2008
Brit-ranger's Avatar
Join Date: Jul 2005
Location: USA
Posts: 651
It's a good feeling to have no payments.
Reply With Quote
Old 08-18-2008
Join Date: Jul 2007
Location: Ohio
Posts: 737
Congrats !!

I've got 3.5 years left on a 5 year loan on my 2003 Ranger XLT. I'm planning on paying it off then just keep it for many years after. I'm keeping the mileage down low and the maintenance regular, cause I want this truck to last a long time after I get it paid off.
Reply With Quote
Old 08-18-2008
Goodysgotacuda's Avatar
iTrader: (1)
Join Date: Jul 2008
Location: Las Vegas, NV
Posts: 1,496
3 years in jan left on mine. plan to pay it off in 2 though! (if i keep it)
Reply With Quote
Old 08-18-2008
Rolldogg's Avatar
Join Date: Jan 2006
Location: Ottawa, Ontario
Posts: 3,424
It's a good feeling for sure. I just paid mine off in June and I bought it in 2003. It's good to have that extra $$$$ in your pocket every month.
Reply With Quote
Old 08-19-2008
Prerunner-Ranger's Avatar
Level I Supporter
Join Date: Feb 2008
Location: Lancaster, CA.
Posts: 2,280
I still owe 9k
Reply With Quote
Old 08-19-2008
bwester04's Avatar
Join Date: Mar 2006
Location: Round Rock, Tx
Posts: 2,641
Pay mine off while you're at it! lol Congrats.
Reply With Quote
Old 08-19-2008
Unregistered User
Posts: n/a
Originally Posted by n0thing43 View Post
Now I have money for a Harley Davidson, or maybe a nice used Jeep Wrangler?...
Chuck.. I say this as a ' Friend '.

Change your thinking.

Take what you were paying to a bank for the note/loan and pay it to yourself. Buy a short ( or long ) term cd or bond every month.. even put it into a savings account. Do this for 2 years.

Pay YOURSELF instead of someone else.

After 2 years, you will have more to put down and thus finance less ( saves you even more ).

The same principle applies if you only put away half of that ' ex-payment ' but its not the full-effect in the long run.

If its monies you can afford to put away ( it was in your present budget, why not keep it in the future but pay interest to yourself ) instead or acquiring more debt?

We all WANT our ' toys ', but things aren't looking good for the next 2-3 years on financing anything. Market LOOKS week and with all the doom preachers out there, the note from that Harley might be bought by someone else and the terms of it COULD be changed. Why risk it? Its better to wait and stash-the-cash.

With the Amount of bankruptcies being filed, my place sees no fewer then 50 Harleys a month rolling through the Auctions. They go cheap as the banks are trying to re-coup anything they can. I saw a nice Harley with an 88ci engine ( I believe it was a softtail.. ) 2006 go for under 5 grand!
Reply With Quote

Related Topics
Thread Thread Starter Forum Replies Last Post
Paying off the Ranger rangerbert General Ford Ranger Discussion 8 04-30-2011 12:13 PM
Paying off your Ranger Lord Of War General Ford Ranger Discussion 76 02-24-2010 02:22 PM
yay there paying 2004edge General Ford Ranger Discussion 26 11-30-2005 09:08 PM
Lesson in paying attention while offroad... must read! rngprerunner General Ford Ranger Discussion 20 01-26-2005 07:29 AM

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT -6. The time now is 04:01 AM.

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to and affiliated sites.