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Author Topic: Keep Sports Car or Pay Off House  (Read 6266 times)

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09S/E roadglide

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Re: Keep Sports Car or Pay Off House
« Reply #30 on: September 17, 2012, 07:46:36 AM »

Cars depreciate every day. sell the car !
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a.k.a  Dent Dude

BUBBLEHEAD

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Re: Keep Sports Car or Pay Off House
« Reply #31 on: September 17, 2012, 04:44:44 PM »

Easy just figure out how much interest you have left to be paid on the house loan. Then if the car is worth you paying that amount to keep it, then do.  If for example you have 5k in interest remaining then is the car worth the standard costs (insurance,tags ect..) plus 5k to you?
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CVODON

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Re: Keep Sports Car or Pay Off House
« Reply #32 on: September 23, 2012, 04:33:30 PM »

I am a car guy, but this is a strange question. How much is car worth and how much you owe on house? Is car paid for? Would selling car pay off the house? Is your house payment a few hundred a month that you hardly miss? Or is it a stain and selling car would be a big help?
More than anything else, why would you ask a bunch of strangers this question????
Pay off the house.
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